I didn't know about that great famine in China until around 2008 or so when I read a book about it. Some really shocking incidents during this period that would seem like `fiction' or `propaganda' by enemies. But these were verified by people there.
Although not widespread, there were incidents of fresh graves being dug up at night, with the bodies consumed. Those who did so knew it was wrong, and they were extremely ashamed. But that's what starvation can lead people to do. Traumatic just reading about this and knowing it happened :-(
It's fortunate that we have never faced this kind of situation before. So much so that we take food for granted. As seen by the wastage of leftovers at home and restaurants that are simply thrown away. And how often have we ourselves pushed away food after taking just a bit because "Tak sedap".
It isn't urgent right now but would do well for us to think about food security and do something about this. Particularly at home, of which all of us can do something about. At our own pace, while the going is good.
Most of the analysts usually quoted by The Edge, The Star Business etc. had gotten it wrong with CPO prices. I remember one guy who said in late 2020 it will undergo a sharp correction back to the lower RM3,000 from June 2021. Instead it continued going up, regaining momentum whenever it did correct. The current price and duration weren't in these analysts' calculations.
These plantation counters aren't exciting like tech. Which is fine for those of us who prefer their prices to just creep up quietly. And I believe the general market will sooner or later realise they are a must-have in investors' portfolios. Right now, any time the prices drop, that's an opportunity to add. And just wait.
When it comes to land use, the oil palm tree stands tall. This “golden crop” is the most efficient oil crop in the world. Sustainably grown in Malaysia, this stately tree feeds billions, brings prosperity to farmers and nurtures its environment. And it accomplishes this on just a tiny sliver of the world’s farmland. Now, that’s smart growth!
The world has four major oil seed crops: oil palm, soybean, sunflower and canola (rapeseed). Together, they use 3.55 percent of the world’s total agricultural land. Oil palm occupies the least land: just 0.23 percent of the world’s farmland. Sunflower uses 0.51 percent, rapeseed 0.67 percent and soybean, the most at 2.14 percent.
Despite using the least amount of land, oil palm provides the highest yield of oil. The bountiful fruit that grows on the oil palm tree produces 11 times more oil than soybean plants, ten times more than sunflower and seven times more than canola, per hectare per year. In other words, it takes more than ten times more land to produce the same amount of soybean oil as palm oil.
And unlike the other oil seed crops, palm oil is a perennial crop with a 25-year life cycle. Instead of having to plant and replant year after year, the tall, leafy oil palm trees produce generous supplies of fresh fruit bunches all year long. This conserves energy and reduces soil erosion. The trees also act as an effective carbon sink. When it comes to sustainable agriculture, Malaysian palm oil is simply the superior crop for its effective land utilization.
SEE ALSO What are tocotrienols? Why is land use important? The world’s population is growing rapidly: from four billion in 1974 to seven billion people today, and an estimated nine billion people by 2050. Ensuring that each and every person has access to safe and nutritious food, known as food security, is a growing concern. The Malaysian palm oil industry stands ready to help meet the world’s demand for healthy, non-GMO oils and fats. Oil palm, the world’s most efficient oil crop, can help feed the world while conserving our natural resources.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by calvintaneng > 2022-01-04 21:43 | Report Abuse