World Food Prices Increase To A Record
Posted By thestatedtruth.com on March 3, 2011
Guess Ben Bernanke has been looking at the wrong picture with his “inflation isn’t a problem” rant! The picture above looks pretty darn clear to us.
Global food prices rose to a record in February and grain costs may continue to rise in the next several months, with only rice keeping the world from a repeat of the crisis three years ago, the United Nations said.
An index of 55 food commodities rose 2.2 percent to 236 points from 230.7 in January, the eighth consecutive gain, the UN’s Food and Agriculture Organization said today. Wheat rose as much as 58 percent on the Chicago Board of Trade in the past 12 months, corn gained 87 percent and rice added 6.5 percent.
Rising food costs contributed to riots across North Africa and the Middle East in the last several months that toppled leaders in Egypt and Tunisia. Prices surged as bad weather ruined crops from Canada to Australia and Russia banned grain exports after its worst drought in a half-century.
Global food prices probably will rise in the first half of this century because of an expanding population and higher incomes, slower crop-yield growth and the effect of climate change, Ross Garnaut, the Australian government’s climate-change adviser, said yesterday.
“The hike in food prices is deeply worrying,†Thierry Kesteloot, a food-policy adviser at Oxford, England-based hunger-relief charity Oxfam, said in an e-mailed statement. “Millions more people are sliding into poverty as they struggle to afford basic food supplies, and more and more are at risk of going hungry.â€
“You now need a very good 2011 crop, and if we don’t get that, I’m not very optimistic about 2011-12,†Abbassian said. “There hasn’t been a food crisis per se, anything comparable to 2008. With stocks being drawn down, for 2011-12 we’ll have to be far more cautious.â€
Comments
15 Responses to “World Food Prices Increase To A Record”
Leave a Reply
You must be logged in to post a comment.
Sausalito Ferry Schedule
Simply wish to say your article is as astounding. The clarity on your post is simply great and i can suppose you’re a professional on this subject. Well along with your permission let me to seize your feed to keep updated with drawing close post. Than…
brazilian body wav
I totally appreciate these brazilian body wav!!Generally have a compliment/comment.To not point out, so comfortable i could snooze in them! Very suggest!!
fotbollströjor
Incredibly revealing….look forwards to coming back again.
Billige Fodboldtrøjer Børn
justGoogle.com w8y1zarm29 rcj6sob Fodboldtrøjer 2c97edwg jdmt5e6bv\n n3vtha0 z7xnj513ca billige fotballdrakter fa25rq h58bgxkwz2\n ro74zn8 dqkxy13 maglie calcio a poco prezzo c1n5ua0t2f 2at84w\n
maglie calcio a poco prezzo
cyv16zex0b vq4i1l fußballtrikots kinder 3gxnka5bdt x5w0me\n d7iqlmj4 320c1goe fotbollströjor barn z4tnagyu6 scyl9u13x\n vafgw7 3k1eovh7u fotballdrakter ytjakex4 beyw50kqcd\n
maglie calcio bambino
\n \n billige fotballdrakter \n \n \n \n \n fotbollströjor barn \n \n \n \n \n fotballdrakter \n \n \n
chelsea trøje
\n \n fotballdrakter barn \n \n \n \n \n fotbollströjor barn \n \n \n \n \n billige fotballdrakter \n \n \n
portugal tröja barn
\n \n fotballdrakter \n \n \n \n \n fotballdrakter barn \n \n \n \n \n billige fotballdrakter \n \n \n
everton maglia
\n \n fotbollströjor \n \n \n \n \n fotballdrakter \n \n \n \n \n fotballdrakter \n \n \n
maglie calcio poco prezzo
\n \n billiga fotbollströjor \n \n \n \n \n maglie calcio \n \n \n \n \n fotbollströjor \n \n \n
fotballdrakter barn
\n \n billige fodboldtrøjer \n \n \n \n \n maglie calcio poco prezzo \n \n \n \n \n billige fotballdrakter \n \n \n
maglie calcio poco prezzo
\n \n fodboldtrøjer \n \n \n \n \n fußballtrikots \n \n \n \n \n maglie calcio a poco prezzo \n \n \n
billige fotballdrakter
\n \n billiga fotbollströjor \n \n \n \n \n fußballtrikots \n \n \n \n \n maglie calcio poco prezzo \n \n \n
maglie calcio poco prezzo
4fx0him2k fyhlztox fodboldtrøjer rb36a5zx1 n5p7w8rz\n 4js2yip59 1msgxuq86 maglie calcio a poco prezzo ad09vrs knqtxls3o\n 1ly3s6 mz2glyfi3 billiga fotbollströjor x1lu3e8 o83a9h\n
dhkickz.com
for the rest of their lives.