World food prices rose to a record in December 2010 on higher sugar, grain and oilseed costs. In the coming decades, there are going to be many more hungry mouths to feed, and as food crop prices rise dramatically, agriculture will become a more lucrative business, encouraging countries to switch economic focus.
Kurdistan has the two primary ingredients to form a successful agricultural economy: Plentiful water from the Tigris and Euphrates rivers, and hectares upon hectares of fertile land that can produce crops. These natural resources have yet to be used efficiently. The water is largely not used; much of it is wasted instead of being dammed and channeled to irrigate agricultural land. With the lack of proper statistics it’s difficult to be accurate, but it’s a fair estimate to say that only around 20 percent of the land is being used for farming. There are many incentives for Kurdistan to make use of its abundant water and fertile land.
Biofuel is going to be only one aspect of a Kurdish agricultural economy. FAO has estimated that global food production will have to rise 70 percent by 2050 as the world population expands by 2 billion.
Aevia — Consider the Source