[HN Gopher] 2022/23 Worldwide Grain Consumption Will Exceed Prod...
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       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
        
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       (page generated 2022-05-18 23:00 UTC)