Schmelzer
Valued Senior Member
Maybe, but this will never lead to serious problems. Because if many farms break, so that the reduction in crop production becomes essential, the price of the crops will raise, and the remaining farms will be fine. That's simple market economy.No, I think that the vast majority of farms break even point relies on a small temperature/water range. When this is exceeded in either direction the farm becomes untenable.
There is no weather certainty, and never has been, but there are crops. Insurance costs may increase, which will raise the prices, in the worst case.No weather certainty= no crop insurance = no crop
Such things have happened all the time all over the world. Today, all this is much less harmful than in the past, given that things can be imported from somewhere else if necessary, and farmers are only a few percents of the population, which can use insurance.Tell that to the farmers that go broke because there is 1+ meter of putrid flood water on their land or are importing water just for their families to drink. Millions of farmers seriously affected.
If they seem useful to politics, there would be. Hysterics can be generated out of nothing.If it were stable there would be no hysterics, now would there?
Feel free to play with words.Stable deteriorating conditions is also stable, where the trend to greater instability is steady, this is also stable yes?
Nonsense.Our staple reserves are already depleted and trending towards depletion. Supermarkets will keep the shelves full as part of marketing face, not because they have the commodities to sell.
It will not be long before wheat, rice, corn products, and by products become too costly to purchase for the majority of the worlds population.