Summary: Many factors are driving up food prices, but the elephant in the room is global inflation. This explains why prices are rising throughout the entire commodity complex (energy, industrial materials, precious metals, agriculture). Plus brief discussions of biofuels, long cycles of food prices, the role of government policy, and the likelihood of resource wars. "Global Market Brief: Food … Continue reading Higher food prices, riots, shortages – what is going on?
Stratfor picks up on something I mentioned in Important news about the global food crisis! (1 April 2008): "A Wheat Fungus and the Potential Food Crisis", Stratfor (17 April 2008) -- Subscribers only. Excerpt: A fungus that affects wheat growth has spread beyond East Africa into southern parts of the Middle East. Given the coming monsoon season, … Continue reading Stratfor warns about the global food crisis
Summary -- this post contains three sections (also note the updates at the end) Reporting indications of a global food crisis. Research suggesting it could become much much worse. Analysis on the scope and significance of the problem. It is not now clear if we have a serious problem, or just a temporary abundance of bad news. … Continue reading Important news about the global food crisis!