Food prices are soaring, a wealthier Asia is demanding better food and farmers can’t keep up. In short, the world faces a food crisis and in some places it is already boiling over. Around the globe, people are protesting and governments are responding with often counterproductive controls on prices and exports.
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/ 26 February 2008
The United Nations on Monday warned that it no longer has enough money to keep global malnutrition at bay this year in the face of a dramatic upward surge in world commodity prices, which have created a ”new face of hunger”. ”We will have a problem in coming months,” said Josette Sheeran, the head of the UN’s World Food Programme.
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/ 4 December 2007
Food prices may climb for years because of expansion of farming for fuel, climate changes, and demand from richer consumers in fast-growing developing nations, a report said on Tuesday. Biofuel expansions alone could push maize prices up over two-thirds by 2020 and increase oilseed costs by nearly half.