*US Gov't Completely out of Wheat*

I hadn't seen this posted after doing a search...pardon if a repeat..

So...what's yer thoughts on this ???

*****US Gov't Completely out of Wheat*****
Thursday, July 23, 2009
www.marketskeptics.com...
www.marketskeptics.com...

The Bill Emerson Humanitarian Trust was established in 1980 by an act of Congress and is authorized to hold up to 4 million metric tons of wheat, corn, sorghum and rice as a reserve for global food crises. The wheat is purchased and managed by the Commodity Credit Corporation and included in the total amount of wheat owned and held by the U.S. government. Holdings by the Bill Emerson Humanitarian Trust for corn, sorghum and rice are also zero.

My reaction: The US government is completely out of wheat.

1) the last of the US government's wheat reserves, held in the Bill Emerson Humanitarian Trust, were quietly sold in May 2008 onto the domestic market for cash.

2) US government wheat stocks are now totally exhausted.

3) The US has nothing else in our emergency food pantry. There is no cheese, no butter, no dry milk powder, no grains or anything else left in reserve.

4) This lack of emergency preparedness is the fault of the 1996 farm bill which eliminated the government's grain reserves as well as the Farmer Owned Reserve (FOR).

5) Government wheat holdings over time:

A) Averaged 358 million bushels for the decade of the '80s.
B) Averaged 133 million bushels for the decade of the '90s.
C) Dropped steadily until zero in May 2008

6) With no formal plan for wheat stocks by the US government, wheat stocks have defaulted to the arena of the private free-market sector

7) The private sector has no plans for any kind of minimum wheat stocks that would protect from a price and/or availability standpoint the American public.

Cool In July 2008, on-farm wheat stocks are at 25.6 million bushels, the lowest level of on-farm wheat stocks since the USDA started keeping tabs back in 1934.

9) The recent wheat crisis in America was sparked by the nation exporting more wheat than it produced.

10) Any decline from global production could precipitate greater wheat exports from America wiping out already low domestic wheat stocks.

Conclusion: The US has done the same thing to wheat as it has to gold (though perhaps to a lesser degree). Since 1987, the US has sold nearly 800 million bushels of wheat, emptying its reserves. These sales, besides making the US vulnerable to a food crisis, have depressed wheat prices below what they would otherwise have been.

More at Links...

World falling short on emergency food aid: U.N. body

www.reuters.com...

WASHINGTON (Reuters) - The world is falling far short in feeding its most critically hungry, pledging only $3.7 billion of the $6.7 billion needed to fund the World Food Program for 2009, the head of the United Nations relief agency said on Wednesday.

The agency has so far received only $1.8 billion and has had to cut back rations and programs to the 108 million people it serves, said Josette Sheeran, its executive director.

The cutbacks will have a "destabilizing" impact in parts of the world reeling from dramatically higher food prices and less income due to the global financial crisis, Sheeran said.

"There's nothing more basic than food. If people don't have it, one of three things happen: they revolt, they migrate or they die," Sheeran said.

[edit on 8/2/2009 by Hx3_1963]

S&F

Not surprised but great find. Very important.

So we're walking into a pandemic in the middle of a complete economic breakdown with no food reserves. Uh huh.

"There's nothing more basic than food. If people don't have it, one of three things happen: they revolt, they migrate or they die," Sheeran said.

In a nutshell.

reply to post by Hx3_1963
And more good news on Wheat... :shk:

After a 50 year reprieve, cereal rust may return
7/24/2009
www.kare11.com...

A 'time bomb' for world wheat crop
June 14, 2009
articles.latimes.com...

A 'time bomb' for world wheat crop

The Ug99 fungus, called stem rust, could wipe out more than 80% of the world's wheat crops as it spreads from Africa, scientists fear. The race is on to breed resistant plants before it reaches the U.S.

By Karen Kaplan
June 14, 2009

The spores arrived from Kenya on dried, infected leaves ensconced in multiple layers of envelopes.

Working inside a bio-secure greenhouse outfitted with motion detectors and surveillance cameras, government scientists at the Cereal Disease Laboratory in St. Paul, Minn., suspended the fungal spores in a light mineral oil and sprayed them onto thousands of healthy wheat plants. After two weeks, the stalks were covered with deadly reddish blisters characteristic of the scourge known as Ug99.

Nearly all the plants were goners.

Crop scientists fear the Ug99 fungus could wipe out more than 80% of worldwide wheat crops as it spreads from eastern Africa. It has already jumped the Red Sea and traveled as far as Iran. Experts say it is poised to enter the breadbasket of northern India and Pakistan, and the wind will inevitably carry it to Russia, China and even North America -- if it doesn't hitch a ride with people first.

"It's a time bomb," said Jim Peterson, a professor of wheat breeding and genetics at Oregon State University in Corvallis. "It moves in the air, it can move in clothing on an airplane. We know it's going to be here. It's a matter of how long it's going to take."

Though most Americans have never heard of it, Ug99 -- a type of fungus called stem rust because it produces reddish-brown flakes on plant stalks -- is the No. 1 threat to the world's most widely grown crop.

The International Maize and Wheat Improvement Center in Mexico estimates that 19% of the world's wheat -- which provides food for 1 billion people in Asia and Africa -- is in imminent danger. American plant breeders say $10 billion worth of wheat would be destroyed if the fungus suddenly made its way to U.S. fields.

Fear that the fungus will cause widespread damage has caused short-term price spikes on world wheat markets. Famine has been averted thus far, but experts say it's only a matter of time.

More at Links...

[edit on 8/2/2009 by Hx3_1963]

reply to post by Hx3_1963
I'm wondering...

Think this is related to Codex Alimentarius (HR 2749) ???

I need to look into this further...I'd advise other members to also...

reply to post by Hx3_1963

The wheat is purchased and managed by the Commodity Credit Corporation and included in the total amount of wheat owned and held by the U.S. government. Holdings by the Bill Emerson Humanitarian Trust for corn, sorghum and rice are also zero.

It doesn't say the US Holdings are zero. The Bill Emerson holdings are zero. This is just one component of the US wheat holdings. That said the US Holdings still could be zero, but that is not what the article says. Maybe the Bill Emerson Trust invested everything with Madoff?

The U.S. government does not control the wheat market, who cares if they are "out of wheat." Why the hell does the government have wheat anyhow?

No doubt they are just getting ready for the implementation of Codex Alimentarius. The probably had to get rid of their old stock to make way for the new "Franken-food".

reply to post by Hx3_1963

I and others have done a lot of work on this. See yupfarming for a history of what is happening in the worldwide food takeover.



About grains.

“Ten corporations now control nearly every aspect of the world's food chain. Four control 90 per cent of the world's exports of corn, wheat, tobacco, tea, pineapple, jute and forest products.” www.guardian.co.uk...


Cargill, Monsanto and their buddies are greedy for more money and more power. The IPC or the International Food and Agricultural Trade Policy Council, was created in 1987 explicitly to write the GATT agriculture rules for WTO at the Uruguay talks. IPC demanded removal of ‘high tariff’ barriers in developing countries, while allowing massive government subsidies to agribusiness in the USA and the EU to continue. They demanded control over international food safety policies and patent protection for seed and livestock.

HOW?
It was former Cargill Vice-President, Dan Amstutz, appointed to head the US delegation, who drafted the original text of the Uruguay Round Agreement on Agriculture. It was ratified by Congress in 1995, no doubt thanks to a helping hand from Robert Shapiro, chairman of Monsanto, and leader of the President’s Advisory Committee for Trade Policy and Negotiations.

Amstutz also wrote the infamous “Freedom to Farm Act” in 1996 removing government limitations on acres planted. As a result farmers planted 600,000 more acres of corn, in Nebraska alone, they planted 650,00 more acres of soy. The average price for the eight major crops for the period 1999-2001 was 20 percent lower than the average in 1985-1995. Despite emergency measures by Congress U.S. net farm income declined by 16.5 percent from 1996 to 2001. The Freedom to Farm bill caused the US government to changed from a policy of supply and price management to subsidies. The drastic increase in quantity and dramatic fall in grain prices was exactly what Cargill had planned and was used to bankrupt third world farmers and increase corporate mono-culture farms worldwide. Recent US Legislation mandating the use of bio-fuels was then used to produce a shortage and drive the price up. Monsanto posted record high earning in 2008. And the grain traders gloated..

“In summary, we have record low grain inventories globally as we move into a new crop year. We have demand growing strongly. Which means that going forward even small crop failures are going to drive grain prices to record levels. As an investor, we continue to find these long term trends..very attractive.” Food shortfalls predicted: 2008 Financial Sense

“Recently there have been increased calls for the development of a U.S. or international grain reserve to provide priority access to food supplies for Humanitarian needs. The National Grain and Feed Association (NGFA) and the North American Export Grain Association (NAEGA) strongly advise against this concept..Stock reserves have a documented depressing effect on prices... and resulted in less aggressive market bidding for the grains.” July 22, 2008 letter to President Bush

The bottom line is that transnational corporations want to make the largest profit possible without regard for the consequences. Recent actions indicate they are moving behind the scenes to:
Vertically integrate the food chain
Get rid of competition via mergers, buyouts and regulations,
Make it impossible for new competition to arise via cost prohibited regulations
Transport goods across national borders without inspections thanks to free trade agreements
Transfer product liability (lawsuits) to others using unfair contracts
Have a captive market who has no option but to buy from them
Create a monopsony so sellers have only one buyer

Do the transnationals views competition from independent farmers selling locally a threat? Yes
With consumers increasingly demanding food that is safe, nutritious, and locally grown, the industry is sure to grow, say Penn State researchers, who believe that maximum growth will depend on collaboration among different parts of the industry from the grower through the processor and marketer to the consumer, and also involve institutions of higher learning to provide science-based innovations and an educated workforce. The university is responding to this need by developing a coalition to address strengths and weaknesses in the food industry.
The project is being funded by a USDA grant.

The IMF/World Bank “Structured Adjustment programs” The WTO Agreement on Agriculture, Patents of plants, animals and even human body parts, treaties and regs ALL stifle farmers and favor rich Transnationals. Once US regulations are “harmonized,” to international standards, control of the world food supply will shift completely out of the hands of farmers and into that of corporations. If consumers can no longer purchase food direct from a local farmer or grow it themselves, then monopolies will drive up price and drive down quality.

Consumers, farmers, pet owners, and gardeners must act now and tell Senators that the “New food safety policy” based on the World Trade Organization's Agreement on Agriculture is NOT in the best interest of the citizens of the United States. The bill has passed the house and is due for a vote in the senate.

HR 2749, the Food Safety Enhancement Act of 2009. here

Please copy this and broadcast it far and wide. I am afraid if we do not stop this insane bill, Americans will have first hand experience of what the word FAMINE means.

reply to post by crimvelvet
Nicely done...

I had some info backed-up on it, but, your post pretty well sums it up...

Thanks for that Intel...a really dangerous bill that needs to be shot down!

I knew there had to be big Corp's behind all this... :shk:

It's ok, if they need wheat, we have lots up here.

They're following their war models to the T on the american people.

1. Economic warfare.

2. Biological warfare

3. Food wars

You maybe able to escape one or two of these but only the ultra wealthy will escape all three.

seems kinda interesting that big govt is out of wheat ?

But you know what there is plenty of?

Food for the marxist Obama family. 1,500,000 lbs of ham and cheese and god knows what else. I thought it was kind of fishy that the white house was buying that much food but they're preparing for whats to come.

[edit on 3-8-2009 by epete22]

Sounds pretty bad, but my wife was diagnosed with Celiac's Disease last year. Our household is Wheat-Free, LOL!

The links make wheat sound like a good investment right now in a bad market though!

Those of us who are preparing for the worst will have at least a year's worth of supplies. I feel for the poor people around the world that are already in a crisis, and those here at home that refuse to see the writing on the wall!

Good Post. S and F. Thanks for Info.

Originally posted by epete22
But you know what there is plenty of?

Food for the marxist Obama family. 1,500,000 lbs of ham and cheese and god knows what else. I thought it was kind of fishy that the white house was buying that much food but they're preparing for whats to come.

[edit on 3-8-2009 by epete22]

Where did you get those figures? I'm curious. Can you give a link or source. Sorry, if its posted somewhere already, I must have missed it.

S&F

Another important thread being overshadowed.

Soficrow hit the nail on the head.

So we're walking into a pandemic in the middle of a complete economic breakdown with no food reserves. Uh huh.

Fresh water is next on the list..

reply to post by Hx3_1963

reply to post by crimvelvet


Yes Codex together with this, along with the Corrupt Governemnt that can amass trillions of dollars in U.S. national debt for corporate welfare yet sells it's own small wheat reserves...

The Jackasses did it……HR 2749 the Seizure of the US food supply and production passed the House July 31, 2009

Despite some really eloquent speeches to the contrary, our “for sale” House of Representatives passed the Food Fascism Act….euphemistically called a food safety act, by a margin of about 140 over the naysayer’s.

True to form, Rosa DeLauro spoke about things she knows nothing about and couldn’t care less; Rosa just loves her some Monsanto!

And that exclusion for farms??? Gone! And that includes you organic idiots who thought you had kissed enough behinds to have your industry excluded.

farmwars.info...

This has not passed the Senate, so we need to ramp this up.

Starred & Flagged! Let's get the word out...or we are pretty much cornered!

call to action to Oppose

Well when people start fighting over a box of cereal ,I think thats when the sh%^ will truthfully hit the fan .Its kind of funny too and odd that last week or local news said here in Kansas City MO ,that a new Fema Headquarters had been set up to deal with any disasters in the mid west and that its location is secret.Interesting that Fema would place a headquarters this close to the farming belt ,also since KC is one of the largest train and Intermodal Hubs in the mid west .If They wanted to lock down food supplies this would be a prime place to do it .

I heard from a friend in the British media that the United States is, like Ancient Rome, having to subsidise wheat production in order to replenish reserves...

Believe it was in California.

reply to post by essanance

that a new Fema Headquarters had been set up to deal with any disasters in the mid west and that its location is secret.

What possible purpose would keeping a FEMA headquarter secret serve!??

That is ludicrous! So much for FOIA. There must have been a bunch of funding and logistics going into a new FEMA headquarter's but it would all have to be classified to keep the location secret!

Oil Future's are up, the summer has been far colder than usual, and History channel doing shows on weather manipulation??

Look for a cold, cold winter in the Midwest and Northeast!! Need to sell that heating oil and kill off the winter wheat!