Friday, November 22, 2024

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What Do They Know? China Has Hoarded Over Half of the World’s Grains in the Last Two Years to Prepare for ‘Famine’

The Bible tells us that in the mouth of two or three witnesses every word may be established. The verse in the Book of Matthew refers to trespassers against us, but it has been a guiding principle many of us use to establish the truth. This is why I sat on this story for a little while. I only heard about it from one source and could not confirm the validity.

Today, I had two separate stories confirm what I’ve suspected for a little while. China is hoarding food. Lots of it. They have more than half the world’s supply of various grains stored away in massive facilities across the country. They claim it’s enough to feed their massive population for over a year, possibly even two. And what makes this most conspicuous to tickle the conspiracy theorist in all of us is that they didn’t start hoarding until early 2019, months before they released Covid-19 onto the world.

The two sources are ones that I’ve used many times in the past. Both Zero Hedge and The Economic Collapse Blog have proven to be reliable in their reports of news that could affect us all, and while both sources are considered to be “fringe” by corporate media outlets, I’ve found both to be correct most of the time.

Here are the two stories. There are redundancies but it’s worth reading through both because they offer distinct perspectives that cross over different angles, all of which point to the notion that China is preparing for a massive worldwide famine while other countries, including the United States, are not.

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China Is Feverishly Preparing For The Coming Global Famine, But The U.S. Is Taking A Completely Different Approach

We live at a time when global food supplies are getting tighter and tighter and global food prices just keep going higher and higher.  Bizarre weather patterns and widespread natural disasters have been playing havoc with food production all over the planet, and the COVID pandemic has thrown worldwide supply chains into a state of complete and utter chaos.

As a result, the world is “currently battling the worst hunger crisis this century”, and it is expected to get even worse in 2022.  Of course this is just the beginning.  For a very long time, I have been warning that global trends indicate that we are heading toward a horrifying global famine, and that is just one of the reasons why I have been relentlessly encouraging my readers to get prepared while they still can.

Apparently, the Chinese government can also see what is coming, because right now they are hoarding food on an unprecedented scale

Less than 20% of the world’s population has managed to stockpile more than half of the globe’s maize and other grains, leading to steep price increases across the planet and dropping more countries into famine. The hoarding is taking place in China.

If everything is going to be just fine, why would China be doing this? It simply would not make sense. But if famine is on the way, the Chinese are being extremely prudent.  And the amount of food that they are now stockpiling is definitely eye-popping

According to data from the U.S. Department of Agriculture, China is expected to have 69% of the globe’s maize reserves in the first half of crop year 2022, 60% of its rice and 51% of its wheat.

If things hit the fan in 2022 or beyond, Chinese officials have ensured that their people are going to be able to eat.  In fact, they are estimating that their wheat reserves could meet demand “for one and a half years”

China is maintaining its food stockpiles at a “historically high level,” Qin Yuyun, head of grain reserves at the National Food and Strategic Reserves Administration, told reporters in November. “Our wheat stockpiles can meet demand for one and a half years. There is no problem whatsoever about the supply of food.”

So what is the U.S. doing? Surely we must be stockpiling lots of food too, right? Sadly, we aren’t. There were times in the past when the U.S. government stockpiled large amounts of food, but those programs have mostly been eliminated

The government has in the past stockpiled food, but these programs were mainly to support farmers hurt by low prices. For example, in the late 1970s and early 1980s, the Department of Agriculture (USDA) bought surplus dairy products, which it distributed to Americans via various welfare programs.

At this point, the U.S. government does not anticipate that there will be a need to supply food to the entire country. The U.S. does have some commodities that it has purchased for aid programs, and there is a very limited amount of food, water and generators at eight widely scattered FEMA distribution centers

Today, the USDA still buys various commodities for both domestic and international food aid programs. It also maintains a vault in Fort Collins, CO, that houses thousands of plant species and genetic material of livestock in the event of a disaster.

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The SNS does not contain food reserves, but the Federal Emergency Management Agency (FEMA) stockpiles food, water, generators, and other resources in eight distribution centers located in the United States and its territories.

In the event of a major national emergency, the very limited amount of food that the U.S. government has on hand will be gone almost immediately. Once it is gone, you will be on your own. I would suggest that you prepare accordingly.

With each passing day, the price of food just continues to go even higher.  According to a CNN report that was published in November, the global price of food had risen “more than 30% over the past year”

The FAO Food Price Index tracks monthly changes across a range of food commodities. The index has risen by more than 30% over the past year.

Food prices are going to go even higher in 2022, and this is going to push millions more people around the globe into hunger. But don’t worry, because the elite in the western world have a solution. As our friends at Zero Hedge have pointed out, they are now encouraging all of us to eat bugs as global food supplies get tighter…

So without a doubt, Beijing has been stockpiling food to avoid a collapse as central bankers have yet to figure out how to print food from thin air. But don’t worry, as the global food situation worsens, we’re all likely going to be forced to eat crickets, worms, and grasshoppers.

Does the idea of chomping down on a crunchy grasshopper make you salivate? If not, you might want to stockpile food while you have the opportunity to do so. The past couple of years have shown us how vulnerable our supply chains really are, and the shortages we are now experiencing are not going away any time soon. Eventually, there will be severe famines all over the planet.

The Chinese are working really hard to prepare for that time, and the U.S. government is not. So if you are counting on the government to save you when things get really crazy, you are going to be severely disappointed.

***It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.***

China Panic-Hoards Half Of World’s Grain Supply Amid Threats Of Collapse

About two and a half years ago, we told readers China was panic hoarding food, which was several months before the virus pandemic began to spread worldwide; Beijing has managed to stockpile more than half of the world’s maize and other grains that have resulted in rapid food inflation and triggered famine in some countries.

In August 2019, we asked the question:

Does China believe that we are on the verge of a major global crisis? The communist Chinese government has always been very big into planning, and it appears that they have decided that now is the time to hoard food, gold and other commodities.

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Fast forward today, the answer is most likely “yes.” China maintains “historically high levels” of beans and grains stockpiled at COFCO Group’s (a major Chinese state-owned food processor) 310 storage facilities in the northeastern part of the country, according to Nikkei Asia.

Qin Yuyun, head of grain reserves at the National Food and Strategic Reserves Administration, told reporters last month, “our wheat stockpiles can meet the demand for one and a half years. There is no problem whatsoever about the supply of food.”

Data from the U.S. Department of Agriculture shows China has approximately 69% of the globe’s maize reserves in the first half of the crop year 2022, 60% of its rice, and 51% of its wheat.

Since the Chinese plan multiple years out, we’ve pointed out how a series of disasters and weather events have likely led state officials to forecast a troublesome period of food shortages. China has already observed droughts, floods, and pests that have ruined harvests. More than 20 months of snarled supply chains due to COVID and La Nina weather patterns (second consecutive one) have also produced volatile conditions for food production.

The one thing Beijing cannot have is discontent among its citizens triggered by food shortages and or soaring prices; that’s why central planners spent $98.1 billion importing food in 2020, up 4.6 times from a decade earlier, according to the General Administration of Customs of China. For the first eight months of this year, China imported more food than in 2016.

“Over the past five years, China’s soybean, maize and wheat imports soared two- to twelvefold on aggressive purchases from the U.S., Brazil and other supplier nations. Imports of beef, pork, dairy and fruit jumped two- to fivefold,” Nikkei Asia said.

China’s acquisition of the world’s food supply has helped push food prices to decade highs. The U.N. Food and Agriculture Organization estimated the food price index is currently at a ten-year high.

The Ministry of Commerce has even told households to stock up on food in case of emergencies, all under the guise of the virus pandemic.

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Meanwhile, Chinese state media has downplayed the notion China is headed for a food crisis. Chinese President Xi Jinping must keep food supply and prices in order to ensure food security; otherwise, discontent among citizens will increase in the world’s second-largest economy.

Nikkei Asia concludes by saying, “throughout history, food shortages have triggered popular unrest. They served as a contributing factor to uprisings that toppled Chinese dynasties.”

So without a doubt, Beijing has been stockpiling food to avoid a collapse as central bankers have yet to figure out how to print food from thin air. But don’t worry, as the global food situation worsens, we’re all likely going to be forced to eat crickets, worms, and grasshoppers.


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*** This article has been archived for your research. The original version from Based Underground can be found here ***