Economic Collapse – Crop Catastrophe In The Midwest, Latest USDA Crop Progress Report Indicates That A Nightmare Scenario Is Upon Us … a whole lot less corn and soybeans this year
“African swine flu has decimated the pig population in China and sent pork prices soaring… As many as up to 200 million Chinese pigs have reportedly been lost due to the disease. The entire U.S. pork industry does not even produce 200 million pigs in an entire year… And now African Swine Flu has spread to other countries such as Vietnam and Cambodia, and so this pandemic could soon become a true global cataclysm”.
China recently made its biggest-ever weekly purchase of US pork … the industry is expecting prices to soar in the second half, perhaps more than 60%, surpassing the great food inflation scare of 2011 … the price of virtually every food product in China is rising at double digits