Bit of a strange one really.
Although the world was hoping for a good US harvest to replenish dangerously low grain stocks, this is no longer on the cards. World carryover stocks of grain will fall further at the end of this crop year, making the food situation even more precarious. Food prices, already elevated, will follow the price of corn upward, quite possibly to record highs.
Not only is the current food situation deteriorating, but so is the global food system itself. We saw early signs of the unraveling in 2008 following an abrupt doubling of world grain prices. As world food prices climbed, exporting countries began restricting grain exports to keep their domestic food prices down. In response, governments of importing countries panicked. Some of them turned to buying or leasing land in other countries on which to produce food for themselves.
Welcome to the new geopolitics of food scarcity. As food supplies tighten, we are moving into a new food era, one in which it is every country for itself.
He\’s normally very vocal about localism. But as you can see, he\’s blaming food nationalism for part of the current problems. The answer therefore must be globalisation, not that nationalism.
Sure, I agree, it\’s just odd to see Lester Brown advocating it.