[blam]

I didn't know that Pakistan was the #3 worldwide rice exporter.

I do remember when gasoline was $0.19 a gallon.

I've read that the average American spends about 9% of their income on food while the Chinese spend about 29% of their income on food.

California is the #1 rice exporting state, not Louisiana as I once thought.

[blam]

Food And Drink Prices To Soar

“Brazil screwed it all up,” Chris Mayer, editor of Mayer’s Special Situations, laments by way of giving us an explanation. Last week, the Brazilian government let loose a sudden, “immediately binding” mandate that effectively outlawed all foreign ownership of domestic farmland…eerily similar to the Zimbabwean farmland coup."

“Worse,” Chris continues, “the legal rules are so unclear that all such acquisitions since 1988 could be null and void, with the land returned to nationals. I can tell you from talking to people down there in the last few days – including attorneys – that local businesspeople are not dismissing that possibility.

[Balding_Eagle]

As has been the case for the past five decades, overproduction is one of the chief worries of the American Farmer.

Let the rest of the world starve to death, we’ve shown them how to produce more food than they can possible consume, and they’ve rejected our ideas.

Let’em starve, we need our crops to eat, to burn to heat our homes, and to fuel our cars.