For farmers in southern and East Africa, April, the start of the harvest season, will have seen them confront a difficult reality—the lowest cereal production levels in years. This is a result of the most extreme El Niño impact in 75 years as the weather phenomenon, the result of climate cycles in the Pacific Ocean has resulted in droughts across most of the region.
The effect on agriculture and the drop in cereal production levels is crucial as locally harvested grains constitute a major part of food supply in the regions. Malawi, with 2.8 million people potentially at risk of hunger, has declared a food emergency. Similarly, Zimbabwe has announced it will spend $200 million on food imports to assuage the dip in local grain production.
Ethiopia, where output of cereal has dropped by as much 75%, is now desperately seeking donor aid to make up the shortfall to mitigate the threat of famine for millions in Africa’s second most populous country.
To make up for the shortfall, Ethiopia projects that its emergency aid need is around $1.4 billion. But Ethiopia is not alone as other affected countries now desperately seek donor aid to fund food imports.
While the effects of El Niño have had dire effects on jobs and income for farmers in East and southern Africa, another offshoot of the shortages has been a spike in grain prices. Owing to scarcity, corn prices have doubled since last year in some parts of South Africa.
Regionally, the effect of El Nino has most affected East and southern Africa adversely. In southern Africa, cereal production levels are projected to fall to the lowest levels in four years (pdf).
The sudden scramble for aid and cash for food imports by affected nations is perhaps the latest testament to a general lack of planning and proactive thinking in African leadership. As Quartz reported last month, signs of a possible escalation to high levels of hunger have been“coming for at least six months.”
What has CPO Prices got to do with Famine?
As You Know We Get Our Vegetable Oils from Oil Palm, Canola , Sun Flower Seed, Ground Nut, Soy, Maize & Other Oil Seed Plants.
And when famine strikes! There will be Great Shortage of Cereals on planet earth - thus leading to less and less Soybean, Maize or Ground nuts being processed into Vege Oils. This will result in less competion from other Oils like Corn, Soy or Peanut Oil.
And with competing Vege Oils being removed CPO Prices MUST THEN SKYROCKET IN PRICES TO RM6,000 A TONNE!
This is really simple logic
SO BUYING ALL OIL PALM COUNTERS NOW IS YOUR BEST INVESTMENT FOCUS.
Regards,
Calvin,
Republic of Singapore
calvintaneng
Hi Guys,
The sudden clamp down on illegal steel imports from China plus China reigning in unproductive steel mills have resulted in a shortage - thus leading into a spike of price increase in long steel bars.
Those who bought Long Steel Bar counters at dirt cheap unwanted prices have suddenly made a huge windfall.
You missed the Steel Counters Price Surge? Never mind.
There is a More Powerful & Gradual Price Surge for
ALL OIL PALM COUNTERS DUE TO EL NINO & LA NINA
Get on Board now while they are still SO CHEAP!
THE INVESTMENT GOING INTO 2016, 2017 & 2018
WILL BE OIL PALM COUNTERS!
2016-04-23 11:53