Monday, April 7, 2008

food , or a lack of it, is food for thought!

The increase in staple food prices is leading to problems world wide.
Starvation, food riots, aid programs unable to feed the hungry, and an increase in food bank useage in the west.



Food prices to rise for years, biofuel firms say

Staple food prices will rise for some years, but should eventually fall to historical averages as harvests increase, biofuel company executives said on Thursday.

Soaring demand for better quality food from rapidly industrializing emerging markets such as China, supply shortages, increased demand for biofuels, and a surging appetite for food commodities by investment funds, have combined to push prices of basic foods higher and higher in recent months.

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