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Middle Class May Be Subject To Food Rations, Warns UN


Middle Class May Be Subject To Food Rations, Warns UN
Experts warn of food riots as foreign troops cleared to patrol American cities

Paul Joseph Watson
Prison Planet
February 25, 2008

The UN is warning of a food shortage crisis and drawing up plans for food rations which will hit even middle-class suburban populations as inflation and economic uncertainty causes the prices of staple food commodities to skyrocket.

The United Nation’s World Food Programme cautions today that if it doesn’t receive more funding, it will have to halt food aid to developing countries like Mexico and China.

“The WFP crisis talks come as the body sees the emergence of a “new area of hunger” in developing countries where even middle-class, urban people are being “priced out of the food market” because of rising food prices,”reports the Financial Times.

The warning coincides with a speech by William Lapp, of US-based consultancy Advanced Economic Solutions, who cautioned that rising agricultural raw material prices would translate this year into sharply higher food inflation.

It also parallels a prediction by Don Coxe, a Chicago-based global portfolio strategist for BMO Financial Group who correctly forecast the fall of the dollar and the rise in price of gold and oil years in advance, who last week spoke of a “global food crisis” which will cause the world to enter into, “A period of food shortages and swiftly rising prices,” leading to government embargoes.

With the U.S. on the verge of a recession and, as many analysts have warned, a potential second great depression, those long scoffed at for hoarding vast quantities of storable food may unfortunately be able to say “I told you so” if the dollar continues to deteriorate and people begin to be priced out of the food market.

Global food prices have skyrocketed by as much as 60 per cent in the past year, while UN officials warn of the likelihood of food riots.

“If prices continue to rise, I would not be surprised if we began to see food riots,” said Jacques Diouf, director-general of the UN’s Food and Agriculture Organisation, last October.

Many see the food shortages, whether real or manufactured, as simply another pretext for the implementation of martial law and the introduction of foreign troops to patrol major U.S. cities.

A recent announcement by Northcom confirmed that U.S. and Canadian troops will be allowed to patrol each other’s countries in the event of a national emergency.

“U.S. Air Force Gen. Gene Renuart, commander of North American Aerospace Defense Command and U.S. Northern Command, and Canadian Air Force Lt.-Gen. Marc Dumais, commander of Canada Command, have signed a Civil Assistance Plan that allows the military from one nation to support the armed forces of the other nation during a civil emergency,” reads a Northcom press release.

 

Shoppers Warned Food Prices Set To Rise

Financial Times
February 25, 2008

When William Lapp, of US-based consultancy Advanced Economic Solutions, took the podium at the annual US Department of Agriculture conference, the sentiment was already bullish for agricultural commodities boosted by demand from the biofuels industry and emerging countries.

He added a twist – that rising agricultural raw material prices would translate this year into sharply higher food inflation.

“I hope you enjoy your meal,” Mr Lapp told delegates during a luncheon. “It is the cheapest one you are going to have at this forum for a while.”

His warning that a strong wave of food inflation is heading towards the world economy was met by nods from agriculture traders, food industry executives and western’s government officials at the USDA’s annual Agricultural Outlook Forum.

Larry Pope, chief executive of Smithfield Foods, the largest US pork processor, warned delegates of a wave of “real food inflation” just at the time central banks were under pressure to cut interest rates.

“I think we need to tell the American consumer that [prices] are going up,” he said. “We’re seeing cost increases that we’ve never seen in our business.”

The comments highlighted one of the conference’s main concerns – that rising agricultural prices have reached a stage at which the impact will be felt not only on fresh food but will also filter through the supply chain and raise the cost of processed food.

Read Full Article Here

Food shortages loom as wheat crop shrinks and prices rise
http://business.timesonline.co.uk..tural_resources/article3423734.ece

Fresh records for price of wheat
http://news.bbc.co.uk/1/hi/business/7264239.stm

‘Panic’ wheat buying across the US; World wheat prices surge 5pc overnight
http://nqr.farmonline.com.au/news_daily.asp?ag_id=48992

Iraq to Curb Food Rations, Spurring Fear of Hunger
http://www.uruknet.de/?p=m41486&hd=&size=1&l=e

Inflation Creating Food Riots In Middle East
http://www.nytimes.com/2008/02/25..ogin&ref=world&pagewanted=print

Biofuels Will Not Feed The Hungry
http://www.ft.com/cms/s/0/cfe4dab4-e3d6-11dc-8799-0000779fd2ac.html

Wheat Hits Record Levels On Inventory Report
http://seattletimes.nwsource.com/htm..68_apcommoditiesreview08.html

 


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