JOHN VIDAL writes in the OBSERVER:
• Global grain reserves hit critically low levels
• Extreme weather means climate ‘is no longer reliable’
• Rising food prices threaten disaster and unrest
World grain reserves are so dangerously low that severe weather in the United States or other food-exporting countries could trigger a major hunger crisis next year, the United Nations has warned.
Failing harvests in the US, Ukraine and other countries this year have eroded reserves to their lowest level since 1974. The US, which has experienced record heatwaves and droughts in 2012, now holds in reserve a historically low 6.5% of the maize that it expects to consume in the next year, says the UN. READ MORE.