Welcome to the Global Era of High Food Prices
U.S. Department of Agriculture has once again cut the main crop production expected early warning of food shortages, will increase global food commodity inflation.
The recent global corn, cotton, sugar, soybeans, wheat, vegetables and other agricultural products, rising prices, many views that the global environment and climate deterioration, frequent natural disasters, resulting in periodic cuts is the food guide food prices fire cable. And representatives from the global U.S. dollar currency and monetary value of the depreciation of the super-fat, is the global food price increases directly to the driving force. New York Cotton futures have been hitting record highs, global wheat and maize prices over the past six months rose 57%, rice and sugar prices rose by 45% and 55%.
Food prices in the transmission chain of commodity prices worldwide, is a major inflationary cycle, often before the arrival of the last reflected signal. And other industries, food industry, the public face of the terminal market and its associated political pressure, excess funds are often relatively late and the choice of investment capital, but also in other commodities and industries, the relative saturation of speculative profits time. However, the food industry and highly connected world of environmental change, and the agricultural population distribution of interests in the political and economic power structure of the weak position, so that grain speculation and rising food prices, with the unique characteristics of justice.
Environmental pollution and environmental degradation to global climate change disaster, the disaster in the earth before the arrival of severe, local food production caused by weather disasters and food shortages, is to improve the international community on global climate change, a favorable factor for alertness. The future is likely that, by a serious food crisis caused by natural disasters, will ultimately lead to intrigue the world’s governments to abandon the short-term interests of the game, for the alienation of global environmental degradation and climate to take joint action.
Excess funds in the global gold, investment in energy and other areas based on the degree of concentration to inhibit the formation of self upside profits, more investment in the new shift of surplus food commodities, in line with investment security and profit-making logic. Subject to political pressure, this phenomenon exists in many countries, the majority of asset and commodity price rises and the rate of basic agriculture are much higher than food products. For a country, the food price increases, often the local currency devaluation, inflation and other commodities, the rise in food commodity costs and benefits to make up for the loss of the price of compensatory growth. The price of the chain, in developing countries like China, in particular. When the political structure and the existing systems tend to sacrifice the interests of the agricultural population, to business profits for the purpose of speculative capital and the global food speculation, but as a strong alternative case of capitalism, to promote the interests of social justice and fairness.
The same right out of the agricultural population fairness considerations, the face of global food prices on the high tide, a number of European and American views are opposed to global food aid, and restricted food prices. Services in the global food aid projects in Europe and officials admit to the market to buy food commodities by the way, the maintenance of global food aid and not combat global food prices. Industrialization and technological revolution since the imperial politics, and later the leading industrialized countries since the global order, the distribution of interests in the global economy, agriculture-based countries or developing countries, agriculture has been in the global industrial and commercial interests of the chain of being exploited, or at least the lack of global commodity pricing and different distribution of profits should be right to speak. When the process of global industrialization, and the industry to obtain the natural environment, leading to the supply of global proportion of industry and agriculture changes the inflection point, when the more developed countries to re-supply shortage as industry, agriculture, the status and post-industrial countries distribution mechanism of global interests, may not change.
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