Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook
Guy Buys $123 Safe on eBay, Finds $26,000 Inside Seller tries to get half the cash back, fails »

Taliban Stockpiles Surplus Opium

This year's crop was double global demand

By Katherine Thompson,  Newser Staff

Posted Nov 28, 2008 11:05 AM CST

(Newser) – The Taliban is stockpiling opium in Afghanistan, where high yields in recent years have led to a surplus, the UN drug office says. Poppy cultivation is less widespread than it once was, but the high yield offsets the contraction—and allowed the Taliban to make $300 million off opium last year, the New York Times reports. "With two to three hundred million dollars, a lot of war effort can be funded," said the UN official.

"Insurgents have been holding significant amounts of opium," he explained, which has kept the price from falling further than the 20% it has dropped this year. The hoarding complicates matters for NATO and US forces tasked with fighting the drug trade. Seizing or destroying crops can drive up prices even as it alienates poor farmers, factors that strengthen the Taliban's position. "We’ve got to find a way to keep the prices down and the cultivation down," he said.

An Afghan boy collects resin from poppies in an opium field in Nangarhar province, east of Kabul, Afghanistan. Much of the opium production is controlled by al-Qaeda.
An Afghan boy collects resin from poppies in an opium field in Nangarhar province, east of Kabul, Afghanistan. Much of the opium production is controlled by al-Qaeda.   (AP Photo)
A Taliban militant is seen with an AK-47 gun, right, as farmers collect resin from poppies in an opium poppy field in Helmand province, southwest Afghanistan in an April 2008 photo.
A Taliban militant is seen with an AK-47 gun, right, as farmers collect resin from poppies in an opium poppy field in Helmand province, southwest Afghanistan in an April 2008 photo.   (AP Photo)
In this April 2008 file photo, a US soldier destroys opium poppies growing in a field during a patrol with Afghan police in Tani district of Khost province, Afghanistan.
In this April 2008 file photo, a US soldier destroys opium poppies growing in a field during a patrol with Afghan police in Tani district of Khost province, Afghanistan.   (AP Photo/Rafiq Maqbool)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Showing 1 of 1 comment
Shannonals
Dec 3, 2008 3:23 AM CST
Just burn all the crops

More Newser Stories

Afghan Deputy Governor, 5 Others Killed in Mosque Attack

Taliban Money Men Outwit US

US to Change Tactics in Afghan Drug War

US Preps Plans to Take Out Taliban Poppy Crop

Afghans Hard-Pressed to Hold Gains in War on Opium


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne