Monday, March 3, 2008

I heard from a colleague today that Saudi Arabia has decided to reduce its wheat production (a silly adventure that destroyed its fossil water resources) by 12.5% a year until there is none left. Instead, the Saudis are apparently renting irrigated land in Sudan and Egypt ($500 per hectare) and hiring the locals to produce their wheat need. He said something like half a million hectares in Sudan, or $250 millions in land rental per year.

1 comment:

Leila said...

Here's the report from FT.com (thanks to Casaubon's Book)

But no mention in the article about the outsourced hectares in Sudan and Egypt.

Sharon Astyk (Casaubon's Book or it was called that before) is very disturbed about this development. She thinks we're headed for extreme world-wide food insecurity very soon, and she's counseling her largely American readership to stockpile 6 months to 2 years worth of food, plus seeds.