Archive for the ‘land management’ Category

Food Shortage: More Bad News From China

April 17, 2008

By John E. Carey
Peace and Freedom

China announced Thursday huge tariffs on fertilizer exports and said agricultural land was in rapid decline due to industrialization.

China’s official communist news agency Xinhua News announced that export tariffs on fertilizer would increase by 100%.  This will cause a virtual shutdown in the export of fertilizer from China.  This is necessary to preserve fertilizer for suffering Chinese agriculture.

The fertilizer is widely used in rice, corn and wheat growing which is essential to feed the 1.3 billion Chinese.  China also hopes to control rapidly rising domestic agricultural costs and inflation.

“Agricultural costs [in China] are going through the roof. Land prices, the cost of money, the relative cost of labor, fertilizer, a shortage of seeds,” said Paul Schulte, of Lehman Brothers in Hong Kong. “Yet rising agricultural prices can be a windfall for those with economies of scale.”

The China News agency also said the amount of farmland has decreased to crisis levels.

Western observers said the two announcements on the same day are an effort to prepare the world for a food shortage crisis in China.

File photo shows a Chinese farmer working in his field next ...File photo shows a Chinese farmer working in his field next to a chemical factory near Yixing Town in Jiangsu province. The amount of farmland in China has shrunk to critical levels, state press reported on Thursday(AFP/File/Mark Ralston)

Related:
Thailand Pledges to Export Rice at “Reasonable Cost”
https://johnibii.wordpress.com/2008/04/16/thailand-pledges-to-export-rice-at-reasonable-cost/

Food Crisis in North Korea a “Disaster”
https://johnibii.wordpress.com/2008/04/16/2868/

Food and energy costs lead wholesale prices to soar in March
https://johnibii.wordpress.com/2008/04/15/food-and-energy-costs-lead-wholesale-prices-to-soar-in-march/

Food Shortages Causing Panic?
https://johnibii.wordpress.com/2008/04/15/food-shortages-causing-panic/

From rice in Peru to miso in Japan, food prices are rising
https://johnibii.wordpress.com/2008/04/03/from-rice-in-peru-to-miso-in-japan-food-prices-are-rising/

Perils in The Price Of Each Grain of Rice
https://johnibii.wordpress.com/2008/04/03/perils-in-the-price-of-each-grain-of-rice/

Lowly Rice Grain Impacts Global Economy
https://johnibii.wordpress.com/2008/03/29/lowly-rice-grain-impacts-global-economy/

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