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

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

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.

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.

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,

zerohedge



11 Comments on "China Panic-Hoards Half Of World’s Grain Supply Amid Threats Of Collapse"

  1. Theedrich on Wed, 29th Dec 2021 1:57 am 

    China plans ahead; the U.S. proceeds mindlessly. After all, with all of our nukes, who needs to think about the future? We are the indispensable nation. We will just put sanctions on China if they don’t obey us. Our supreme leaders will take care of all. So what if we lose half our population to Chinese fentanyl? Or our populace is submerged by millions of ThirdWorlders while our republic collapses into the bank accounts of international billionaire dictators?

    The Bolshevik controllers of our bribe-ocracy are intentionally driving the nation off a cliff to achieve Klaus Schwab’s “Great Reset.” That is, after all, what the masses really want: free stuff, pleasant euthanasia for all Whites, and no work. With unassimilable ThirdWorld serfs providing cheap labor for American businesses. While the party lasts.

    In the last century, the Russian population believed in the Marxist promise of a workers’ paradise and engaged in stupendous mass murder to achieve it. The spread of their Communist ideology of “dialectical materialism” resulted in the deaths of 176 million people.

    We are about to repeat the death march, this time under a Democrat banner.

  2. Biden's hairplug on Wed, 29th Dec 2021 4:49 am 

    If you want to understand the despair, Theedrich shows, post after post, just listen to this, why that is:

    https://www.youtube.com/watch?v=WESAJMj6UV8

    “DarkHorse Podcast with Douglas Murray & Bret Wainstajn: View from an Outpost of the American Empire”

    We have Douglas Murray, a British neocon and Brexiteer and a US jew, Brett Wainstajn, who pretends to be a right-winger as well.

    Especially Murray puts no effort into hiding his shock with the state, America currently is in and Wainstajn doesn’t object. And both committed Anglo-Zionists have zero interest in liking this state of affair. Murray puts in a feeble attempt into lying to himself that he thinks it is “inevitable” that London and New York eventually will bounce back (Wainstajn: why would it? lol).

    I love following Murray, because he acts like the proverbial canary in the Anglo-Zionist coalmine. He is pretty bright and outspoken, not too pc and he is not so obsessive anti-European as the average primitive tribalist Brexiteer is.

    Another one is Peter Hitchins, who admits that there is no hope for a society that is “tearing itself apart” (his words), without ever directly referring to race, let alone jews (Hitchins himself is an anglofied Polish jew, who was a hardcore marxist=jew himself in his youth, no surprises here, but now begins to understand that the world can’t be conquered with extreme leftism by the NYC-London axis). But it is too late for a change of Anglo-Zionist strategy, the game is simply over and the only question is who is going to bury America, probably gonna be a cooperative effort of Chinese, BLM and finally Yanks, who will pull the plug on America and start something new, something more modest, something not anti-European.

    The third of course is Kunstler, a non-neocon jew, who isn’t fooling himself either.

    The fourth party I love to follow is that swelling group of North-Americans who are moving to Europe and put their experiences on outlets like YouTube. As always, they are beating around the bush and avoid mentioning the real reason for the move (which is race, demographics and white flight). They all sing the praise of the European work-life balance, the affordable healthcare, the good quality infrastructure, the public transport, etc., all true, but that is not the real reason. The truth is that they think like Theedrich does. The American Empire is a sinking ship that can’t be fixed. And oh boy, are there many parties waiting to step into the void.

  3. Dredd on Wed, 29th Dec 2021 9:57 am 

    There are way too many cases of self-inflicted catastrophes … e.g. Lysis (Omicron (OMC!) – 3).

  4. Biden's hairplug on Thu, 30th Dec 2021 3:57 am 

    Next week, Brexit is going to begin in earnest. British industry associations warn that empty shelves in supermarkets will increase, including food:

    https://www.spiegel.de/wirtschaft/brexit-britischer-verband-warnt-vor-engpaessen-bei-lebensmitteln-a-0170add8-2d1d-4555-8151-a719a0329fc5

    Britain imports 5 times more food from the EU as it exports into the EU.

    https://www.youtube.com/watch?v=279Kk8X_Dpo

    https://www.youtube.com/watch?v=ZhSi8dhFzoQ

    https://www.youtube.com/watch?v=00gz-bjcu4U

    PM Johnson is losing the plot, suffering an all-time low in the polls, potential successors from the Tory snake pit are lining up to get him replaced by themselves:

    https://www.youtube.com/watch?v=dITO5tB0Hh4

    There is no country in Europe where the national interest is so subservient to individual political ambitions as in Britain.

    “A kingdom for a career”, as Shakespeare could have said.

  5. Biden's hairplug on Thu, 30th Dec 2021 4:16 am 

    Every serious country has 1-3 elder statesmen, men older than 70, who rise above everybody else. Old foxes who have seen it all and have no illusions and no longer have to be diplomatic or worry about their career prospects, as their only prospect is deep six. So they can speak their mind freely.

    France: Michel Barnier, Valery Giscard-d’Estaing, Jacques Delors
    Italy: Francesco Cossiga (9/11 = CIA-Mossad), Silvio Berlusconi
    Australia: Malcolm Fraser (dump America!), Paul Keating (we should have embraced Putin)
    Germany: Helmut Kohl, Helmut Schmidt
    America: any jew, Kissinger will do

    In Britain, it is clearly Michael Heseltine.

    https://www.youtube.com/watch?v=z04b8TaNpO0

    “Michael Heseltine on the Brexit ‘disaster'”

    https://www.youtube.com/watch?v=gYWkbeYT7TU

    “Lord Heseltine: ‘I cannot believe my country has done this'”

  6. Biden’s hairplug on Thu, 30th Dec 2021 6:40 pm 

    Permanent Bill Maher guest, Rick Wilson, sdmits at [6:15] that the US could display “1860 levels of violence”:

    https://youtu.be/AjhVtsRL_SA

    This situation is a major asset for Russia and China and they know it. A major conflict in Ukraine, Taiwan or Korea, or all at the same time, could be the trigger for “1860”.

  7. Biden’s hairplug on Fri, 31st Dec 2021 1:14 am 

    “War with China! Another Bright Idea from the Yankee Capital“

    https://www.unz.com/freed/war-with-china-another-bright-idea-from-the-yankee-capital/

    Very good article by Fred Reed. As one of the few, he hints at China-backed North-Korean involvement, something everybody else misses.

    Fred does miss the connection with Ukraine, he also misses the potential Chinese lusting after the Australian prey, that could become to China what North-America always was to Europe, namely a place to dump your too-many upon (like the funny-as-hell Fred Reed). He also misses that China and Russia could have an understanding with Iran about regulating traffic in and out of the Gulf, with a missile or two, depriving Europe of fuel from both Russia and the Gulf, which could force NATO chieftain Stoltenberg to direct his troops eastwards on foot and bike, which admittedly would have environmental friendly side-effects, low-emissions and all.

    What Reed also misses is the relationship between Washington humiliated in Asia and Yanks-with-an-attitude using the occasion to kiss Washington goodbye for good. In short: WW3 could trigger CW2.

    The good news is that Brexit and WW3 probably means the end of the West. Don’t take it personnally, Europe, now enriched with Russia, and America can remain good friends.

  8. FamousDrScanlon on Fri, 31st Dec 2021 12:36 pm 

    US Breaks Summer Heat Record Set During Dust Bowl in 1936: NOAA

    “I wondered if I would live to see one of America’s most iconic weather records fall—the record for hottest summer, set in the great Dust Bowl of 1936,” said one meteorologist. “Finally, in 2021, the record has fallen.”

    https://www.commondreams.org/news/2021/09/10/us-breaks-summer-heat-record-set-during-dust-bowl-1936-noaa

  9. Theedrich on Fri, 31st Dec 2021 9:51 pm 

    “Catholic” Biden had sold his soul to Satan. The U.S. is now run by the criminally insane.  The Democrat strategy is to import ten million outhouselanders into the country before the mid-term elections of November 2022, then twist the laws to make it possible for all of them to vote.  The enthroned deviant has bestowed high government offices on incompetent non-Whites, queers and unfit Marxists whose only qualification is hatred toward Whites.  He has debased the currency with grotesque giveaway programs totaling trillions of dollars in debt whose interest is unpayable.

    The true rulers behind the demented geezer in the White House are billionaire globemasters aiming at the extinction of the White race.  This is clear from the publications of Klaus Schwab (head of the World Economic Forum) and Georg Sörös, who hate Whites with a fierce hatred masked as philanthropy toward the whole of humanity.  They are promoting the Latino narcotics cartels and Chinese poison makers in order to cause the death of millions of American youth.  They are pushing the prostitution industry using underage girls from both Latin countries and the U.S. itself.  They are degrading the rule of law by defunding and smearing police, and by superabundantly paying the campaign costs of Communist district attorneys who, under the hypocritical mask of compassion, refuse to prosecute criminals.

    Bizarrely, the planet-killers pretend to be acting on the basis of “science.”  In reality, they know little about the true nature of science and of nature herself, which has always striven upwards toward higher intelligence.  The globemasters with their race-mixing aim to return our species to its chimpanzee origins and end evolution altogether.

    The original Communists were able to construct the Soviet Union by promising a “workers” paradise”;  the new, academe-led Communists are winning by promising a loafers’ paradise.

    Since, Whitey, you prefer to ignore or excuse what is actually going on, you will learn by dying.

  10. Biden's hairplug on Sat, 1st Jan 2022 3:49 am 

    Home coming. Full circle. Even progressive Americans can become Europeans, again:

    https://www.youtube.com/watch?v=P7trv9paMxA

    “The blueprint for a biking city”

  11. Biden's hairplug on Sat, 1st Jan 2022 7:40 am 

    Kim announces “life-and-death struggle for 2022”:

    https://www.focus.de/politik/ausland/nordkorea/nordkoreas-machthaber-nordkoreas-machthaber-will-versorgungsprobleme-loesen_id_33594754.html

    Now, what could he mean by that?
    How about a Chinese backed assault against South-Korea in an attempt to throw 28k US soldiers out of Korea, with full backing of Beijing?

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