Farms.com Home   Ag Industry News

Hope for the Worlds Farmers in A Changing Climate

By Farms.com

Climate change is a term that has become common in the news, but only recently has the world begun to notice its devastating effects on the planet. The causes of climate change are as vast as the issues they cause in our everyday lives. We see the effects of this crisis through our crop yields and weather conditions, while others face droughts, tsunamis, hurricanes and super storms. While some may argue the legitimacy of the changing climate, many are living the negative impacts and are struggling to survive in a rapidly changing world.

As of 2013 the planet has 7.125 billion people, scientists believe by 2050 that number will have increased to at least 9 billion. This increase in population presents an extremely difficult situation that the world needs to solve if it ever wants to reduce world hunger and poverty rates. Climate change is a crisis that will affect all people on all continents. It is estimated that agricultural production will need to increase by at least 60 percent if we are to have a real chance to feed these 9 billion individuals.

As of September 24, 2014, the Obama administration initiated the Global Alliance for Climate Smart Agriculture. The initial concept for this alliance was formed 8 months ago when international delegates met at a global conference in South Africa relating to agriculture and food security. The purpose of the alliance is to preserve the environment while ensuring economic growth on a broad level. This alliance will initiate several tools to assist agriculture production as well as supporting farmers on issues they face in severe weather conditions, such as drought, flooding and extreme weather. The alliance plans on combating climate change by educating farmers on sustainable agriculture, promoting low carbon growth and developing policies that assist producers in mitigating the impacts of climate change.

The crisis that the world faces today and tomorrow are significant. There is no one clear path that will steer us from the threat that we face, but it seems as though action is finally taking place. While this Global Alliance seems to be taking on a colossal task, there has been significant progress in combating pressures that the underprivileged face today. One of the first foreign policy acts by the Obama Administration was Feed the Future. This policy has led to a significant increase in nutrition for 12.5 million children throughout the world. It has supported over 7 million farmers towards increasing their yields, their wages and assisting them in exiting the cycle of poverty. Change is difficult for any of us, but change has already begun due to the crisis that is climate change. To learn more, visit Global Alliance


Trending Video

Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.