This Week's Herman Trend Alert

Leadership in Normal 2.0
 

  The Herman Trend Alert

August 22, 2012

Imminent Global Food Crisis

Driven by recent droughts in the Midwestern United States, other unusual weather worldwide, and a food price bubble, it appears that a global food crisis of catastrophic proportions is imminent. According to recent reports from the New England Complex Systems Institute (NECSI), across the globe, we are in for a very challenging time. The current drought with its high temperatures in the American Midwest is the worst in 50 years.

For months, NECSI has warned, "misguided food-to-ethanol conversion programs and rampant commodity speculation have created a food price bubble, leading to an inevitable spike in prices by 2013". The only actions that could curtail this disaster would be immediate measures to curb ethanol production and rein in speculators.

Reversing 2012's relative decline in food prices, "this summer, the American breadbasket has suffered debilitating droughts and high temperatures, leading to soaring corn and wheat prices in anticipation of a poor harvest," said NECSI president Yaneer Bar-Yam. "We are on the verge of another crisis, the third in five years, and likely to be the worst yet, capable of causing new food riots and turmoil on a par with the Arab Spring."

Although the data in a 2008 United Nations (The State of Food and Agriculture 2008) report project that biofuels production only adds 15 percent to world food prices, we believe the playing field has changed since then.

In North Africa and the Middle East, political unrest will worsen again and compound this food crisis. Applying their validated quantitative model for historical food prices, NECSI scientists show how food prices have been related to social unrest. We have already seen demonstrations in some countries, notably Egypt and Syria.

Some people (including Futurist Gerald Celente) expect to see food riots in the US as well. We have seen an uptick in the survival guides and online classes available here and expect more.

While we would like to believe that the Obama administration will act right away to reduce the corn conversion to ethanol or curb the financial speculators, neither is likely to happen in time. With these serious developments and others, journalists covering the globe will have much negative news to report. [Editorís Note: We are usually much more optimistic. Sorry!] ### For more information, visit http://www.NECSI.edu.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 336-210-3548 or https://hermangroup.com. To sign up, visit https://HermanTrendAlert.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."

HOW DOES SHE DO IT?
Our author Joyce gets quoted in TIME Magazine and other national media on a regular basis. You can, too! Sign up for ExpertClick.com. You will be found by the news media and in Google search: 1. Through your personal search-engine-optimized press room by 39 topics you choose; 2. By news releases pushed out 10 ways including Google News; 3. Be found in the 2020 printed Yearbook of Experts, Authorities & Spokespersons. Save 15% when you register by October 31st @ http://www.ExpertClick.com/Discount.

APF'S FUTURES FESTIVAL IN 3 DAYS: ONLINE OCTOBER 24TH: FULL SPECTRUM FUTURES
The Association of Professional Futurists proudly presents its annual online learning experiences on Full Spectrum Futures. Network with leading futurists from all over the world. And best of all, it's free to attend, though contributions are encouraged to help defray costs. For more information, visit here.

OUR VERSATILE TRANSLATOR ROCKS!
Excellent translation services from English, French, or German into Spanish. Especially well-versed in medicine/pharma and automobile industries. 5-year Bachelor Degree in Translation. Also editing and proofreading of all kinds of Spanish language documents. Flexible rates, depending on number of words, degree of difficulty/technicality, and turnaround. For an instant quote email Mariana Campora Lesti at marianalesti515@gmail.com or contact her on SKYPE at marianacampora.

To read this Herman Trend Alert on the web: https://hermangroup.com/alert/archive_10-21-2020.html.


Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers.

New subscribers are always welcome. There is no charge for this public service. The Herman Trend Alert is read by over 30,000 people in 90 countries, including other websites and printed periodicals. Click here to sign up for the Herman Trend Alert.

Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Herman Trend Alert service.


Subscribe or Unsubscribe to weekly Herman Trend Alert
View this week's Herman Trend Alert
Archived Weekly Herman Trend Alerts

                                                                                                                                                                                                                                                                                                                                                                         


[ HomeAboutProductsResourcesMedia ]

 

7112 Viridian Lane
Austin, TX 78739
Voice: 336-210-3548
Toll Free in US & Canada: 800-227-3566
E-mail: info@hermangroup.com


  © The Herman Group. All rights reserved.

Web site design by WebEditor Design Services, Inc.