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.
But now these two safety cushions are gone: the U.S. cropland set - asides have been phased out, and over the last decade
world grain reserves have averaged a dangerously low 74 days of consumption.
Not exact matches
In 1972, when the
world suffered an exceptionally poor harvest, there were 209 million metric tons of
grain, or 66 days» worth, in
world reserve.
Because the
world's
grain reserves during that period fell to the lowest levels in several decades.
note 1; Brian Wright, International
Grain Reserves and Other Instruments to Address Volatility in
Grain Markets, Working Paper presented at the
World Grain Forum 2009, St. Petersburg, Russia, 6 — 7 June 2009, p. 22.
In combination with the continuing growth of human population, the increasing demand for
grains to feed livestock, depletion of
reserves of fossil groundwater and increasing levels of water pollution, human - induced global warming poses a serious and growing threat to half the
world's population.