According to the May 1, 2008 CCC inventory
report there are only 24.1 million bushels of wheat in inventory, so
after this sale there will be only 2.7 million bushels of wheat left
the entire CCC inventory,†warned Matlack. “Our concern is not that we
are using the remainder of our strategic grain reserves for
humanitarian relief. AAM fully supports the action and all humanitarian
food relief. Our concern is that the U.S. 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. The only thing
left in the entire CCC inventory will be 2.7 million bushels of wheat
which is about enough wheat to make 1â„2 of a loaf of bread for each of
the 300 million people in America.â€
source: http://www.fsa.usda.gov/Internet/FSA_File/wid2a.pdf
source of quote: http://www.standeyo.com/NEWS/08_Food_Water/080606.no.grain.reserves.html
Things look dire in this article, but they may not be as bad as all that. The source article certainly makes it sound more dire than I hope it is. I don’t trust the source implicitly.
Warnings from America
Published by NiteMayr on June 10, 2008source: http://www.fsa.usda.gov/Internet/FSA_File/wid2a.pdf
source of quote: http://www.standeyo.com/NEWS/08_Food_Water/080606.no.grain.reserves.html
Things look dire in this article, but they may not be as bad as all that. The source article certainly makes it sound more dire than I hope it is. I don’t trust the source implicitly.