Drought in Australia: shortage of wheat

[jean63]

What if the problem came from the lack of food ==>

ABN the 02 / 11 / 2007 12h45
Wheat: the 7 wounds of Australia
As the calamities falling one after the other on the Egypt of Pharaoh, climatic disasters have ruthlessly raged for 2 years on the unhappy Australia, also true promised land of raw materials ... Remember that the country was marked last year by a severe drought, which resulted in a very poor harvest of wheat: it had been lower than 10 million tons against 25 million in 2005 ...

This year, things seemed better, since a harvest of 22,5 million tonnes was expected just over 4 months ago. But it was counting without the cruelty of Ceres: indeed, it has hardly rained in the Australian grain regions since September ... Concretely, it is already the biggest drought what has the country known for almost 100 years! Real blessed bread for the high priests and other prophets of the Apocalypse of global warming!

In any case, crop forecasts are constantly being revised downwards: from 15,5 million tonnes in September to 12 million ... Beyond the dramatic impact on world wheat prices for the past few years weeks, many Australian farmers find themselves today in a hellish situation, caught between the collapse of their income and the concomitant rise in the cost of feeding livestock. What's more, many of them, having sold a harvest that they are today unable to deliver in full, are now forced to buy their covers, at the highest historic ...

To escape the ruin, the indebtedness is the most often the only solution but it is all the more painful that the Australian interest rates are today at the highest since 11 years so much it is true that in this garden Eden of commodities, we have at least understood one thing: the next plague that will fall, perhaps the most terrible of all, is inflation ...