15 Mar 2008

The Food Price Crisis


The United Nations Food and Agriculture Organisation says world food prices rose by 40 percent in 2007, warning that high prices of basic grain crops have led to severe shortages and unrest in developing nations.
An increase in westernised animal-rich diets across Asia, where increased livestock need more grain; the push to convert crops into biofuels; and weather woes as droughts and floods hit crop producing nations have all led to increased demand and prices. Read more.

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