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Drought in the USA and on the black sea coast, a weak monsoon in India, the famine in the Sahel... the World is waiting for a new round of the food crisis, experts say.
Asian disaster is almost not affected - thanks to the excellent harvest of rice, but the "Big twenty" industrialized and developing countries will face a sharp rise in food prices.
The maize crop in the United States today is no. (Photo By Reuters.)
"This year was quite a lot of bad climatic events that will lead to a very low yields. Thus, the U.S. is expected adored corn, and in Russia - soya" - says Philip Pint of the Federation of French farmers FNSEA. "There will be pressure on prices, similar to what we observed in 2007-2008", - he added, Recalling the recent past, when the world price of wheat and rice soared by almost two times.
Meanwhile in India, all eyes will be on food inflation, emphasizes Samiran the Chakraborty, regional head of research Department of the Bank Standard Chartered.
The rainy season is mid-August was by 15.2% weaker on average, reported from the Indian weather Bureau, and the Asian rice prices, according to forecasts, will grow in the coming months by 10%as India (along with Thailand) is the largest exporter of this valuable product. Indian Minister of food industry, Karuppasamy the Varkey Thomas recently stated in Parliament that weather conditions may affect the yield and price of essential goods. Despite this, however, the food and agriculture organization of the United Nations (FAO) predicts that the production of rice this year, on the contrary, even slightly surpass "excellent" last year's results, while FAO has reduced its global forecast unthreshed rice from 732 to 725 million tons
This is partly a result of El Nino is a warming of the surface waters in the Western part of the Pacific ocean, which, according to the Japan meteorological, will hold in the Northern hemisphere winter. At the other end of the planet, this has resulted in 48 U.S. States have experienced the warmest July in the history of observations, and the band agricultural States experienced the strongest since the 1950s drought. The relevant Ministry says that one should wait for the lowest corn harvest in the last six years. Most likely, the price of corn and soybeans will soar to record levels. It should be noted that from the beginning of summer in the United States have already increased the prices of cereals and corn - by as much as 40%.
Specialists of Commerzbank (Germany) also draw attention to the high temperature and drought on the shores of the Black sea with unclear consequences for the harvest of wheat and other crops.
At the same time in the first half of the year, grain production in China reached 1.3 trillion t - 2.8% more than in the 2011-meters in Addition, there is talk about what the rest of the world can help Australia. In other words, the food will be, but at different prices.
On August 27, "the Big twenty" and the UN have planned the corresponding conference. According to officials at a meeting on the organization of the event, panic is not seen; it was rather an understanding of the need to prevent social tension and unrest caused food crisis of 2007-2008. The countries will have to agree to restrictions on food exports was introduced to a reasonable extent.
Another important question is the balance between the use of grain in human needs and as animal feed. The Director-General of FAO Jose Graziano da Silva has urged the US to suspend the biofuel program at a time, until you resolve the situation with corn.
In fact all these problems is trivial compared to the Sahel, where the number of undernourished children is estimated to have set a new record 1.5 million While UNICEF warns that the situation is complicated by the emergence of cholera and locust. Organization World Vision Australia stressed that food aid need 18 million inhabitants of the Niger, Mali, Chad, Mauritania and Senegal.
Prepared according to France Press.