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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 386.01

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To: THE ANT who wrote (93032)	8/1/2012 8:20:45 AM
From: elmatador	Read Replies (2) of 217711

The assets will go higher. Consider: By 2020 China's population forecast to reach 1.4 billion Or another 46 million above 2010. Even if they keep consuming only 50Kg of meat per capita per year (with a conversion feed to meat of 2.5 to 1) additional 6 million ton of feed grain will be required. Raise that consumption to 60Kg of meat per capita per year an extra 40 million ton of feed grain will be needed Statistics show that 2009 Australians ate 117Kg of meat per capita per year, Britain 84, US 127Kg of meat per capita per year. Say the Chinese increase meat eating capacity for 80 Kg of meat per capita per year, additional 119 million tons of feed grain will be needed per year. Recall that in the last 5 years only 91 million tons of grain was trade per year. China was 12Kg meat per capita per year back in 1978. India, is at 5Kg of meat per capita per year, once day they start increasing meat consumption and they are about same size population as China... Figures source: China and food price reality fnarena.com Oh, those green fields I passed on my way to Araraquara were pure gold... At the macro level, a changing diet takes years to materialise. Having said that, there is clear evidence that Asia's growing middle classes are switching to meat based diets. If the rest of Asia were to follow Japan's example, the protein intake across Asia will explode over the next couple of decades. The Japanese are consuming almost 10 times as much protein as they did 50 years ago. Why is that a problem? Because it takes over 3 kg of corn to produce 1 kg of pork and over 8 kg of corn to produce just 1 kg of beef! marketoracle.co.uk

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