With the harsh weather in Australia, the drought in China, wheat prices are expected to go waaay up. Seems like our basic breads and cereals will see some price increases as well. This is no good. From the Christian Science Monitor: Everything now depends on this year’s harvest. Lowering food prices to a more comfortable…
Tag: food shortages
Riots over food shortages and higher prices
As TimesOnline reports, slowly, rioting over food shortages and higher prices has begun. Population pressure and increased wealth are mainly to blame for the resurgence of food insecurity. More people are eating meat and dairy products in Asia, which increases the demand on the animal-feed industry. They also talk about how biofuels is threatening world…