[HN Gopher] 2022/23 Worldwide Grain Consumption Will Exceed Prod... ___________________________________________________________________ 2022/23 Worldwide Grain Consumption Will Exceed Production [pdf] Author : Kon-Peki Score : 16 points Date : 2022-05-18 20:52 UTC (2 hours ago) (HTM) web link (downloads.usda.library.cornell.edu) (TXT) w3m dump (downloads.usda.library.cornell.edu) | [deleted] | badrabbit wrote: | Did the US stop dumping subsidized grain into the ocean? | Gravityloss wrote: | At least over here, farmers are planting a lot less than previous | years, because fertilizers are so expensive. | | I don't know why the markets or futures trade don't work to | increase the price of grain enough to make it worthwhile. | tinco wrote: | Because of the often overlooked part of the demand/supply | equation is that demand isn't just what people want, it's what | people can afford. Grain futures won't go higher if people | won't pay more for grain. Less grain production will simply | mean at some point that the persons who don't have enough money | will go hungry (or eat something else). | | It's actually the effectiveness of the markets that cause this. | If grain production in rich countries goes down because of | expensive fertilisers, then the demand of grain by those rich | countries is satisfied by the supply of poorer countries. The | pain won't be felt domestically, except by the farmers. | poxwole wrote: | Malthus called, says he wants his idea back ___________________________________________________________________ (page generated 2022-05-18 23:00 UTC)