About | Advertise | Contact
Ecollo.com RSS Feed
RSS
Ecollo.com RSS Feed
E-mail
Ecollo.com RSS Feed
Technorati
Click here to win this awesome prize pack!
.
Written by Pinky Bean

Rising cost of food is a global problem

Posted by Pinky Bean on March 25, 2008 12:44 PM Filed Under: Business, Food

The increase in the cost of food isn't ocurring in North America and the U.K. alone. Consumers all over the world are being dealt a blow to their wallets as a "perfect storm" of conditions, including weather, economic changes, high oil prices, lower food reserves and the growing consumer demand in developing countries such as China and India.

Food riots have broken out in poor countries like Egypt - where two people were killed last week - as well as Burkina Faso and Cameroon. The cost of spaghetti is twice the price it once was in Haiti and Japan has seen a significant increase in the cost of miso, which is made from soybeans.

“It’s not likely that prices will go back to as low as we’re used to,” said Abdolreza Abbassian, economist and secretary of the Intergovernmental Group for Grains for the U.N. Food and Agriculture Organization. “Currently if you’re in Haiti, unless the government is subsidizing consumers, consumers have no choice but to cut consumption. It’s a very brutal scenario, but that’s what it is.”

It is poor areas like Haiti that are being hit the hardest - currently 37 counties are facing food crises and the U.N. says their food prgram will be unable to feed 89 million starving invdividuals due to a funding shortfall of $500 million.

As farmers begin to grow more grain, it is predicted that prices will eventually stabilize, but consumers may not see prices level off for another 10 years, according to the FAO. For now, the cost of fuel and the demand for meat in China and India will continue to drive prices upward. Experts say that food crises are not all that uncommon, but the global impact caused by the increasing costs of major foods is odd.

Hit the jump to read the full article for a more in-depth explanation of the global impact of the rising cost of food.

» MSNBC Business

Tags: , , commentsComments (1) | Send to a Friend
Share on FacebookShare on Facebook | Permalink
 

Be the 1st to rate this post!

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Related posts

Comments

The article written by you very good, I like it very much. I will keep your new article.
<a href="www.taobao-wholesale.com/.../Wholesale-Bracelets_352.html">fashion pandora charms</a>

handbags wholesale (Posted August 13, 2010 2:45 AM)

Add comment


(will not be published)  

  Country flag



.
Wink!
Hot Tags
Leafy Green's Tip of the Day Computer screensavers may be entertaining, but did you know that your monitor uses the same amount of energy when it's in screensaver mode as it does when it's in use? Don't be a lazy slob! Hit the darned power button on your monitor and save some electricity!
.
.

Recent Comments

.
Hot Tags

From Farm to Fork

Explore Your Local Farmers' Market
Farmers' Market Finds
Washing Fresh Produce
How to Start a Farmers' Market
The Truth About Organic Milk
The Other 'Cide' of Pesticides
Attack of the Killer Baloney and Other Adventures in Sandwich Meat
Incentive to Learn Where Our Meat Comes From
More...
Pinky goes shopping Ta-da! Should've had the peanut butter instead
.
.
Pinky, CeeBee and Leafy get pickled!

Backyard Buffet

An Introduction to Canning
The Humble Radish: More than Fraggle Food
Square Foot Gardening
Your own tomato garden in a bucket!
Herb Garden Made Easy
Harvesting Your Garden
Get Composting
More...
.
Hot Tags

Squeaky Clean

Searching for an Eco-Friendly Vacuum Cleaner
Vinegar - The Ultimate in Natural Cleaning
Household Cleaning Chemicals: The Dirty Dozen
Behold the Awesome Eco-Friendly Glory of the Carpet Sweeper!
Create your own 'swiffer'
Borax - Baking Soda's Helpful Cousin
Easy cleaning products you can make at home
Clorox Green Works Has The Right Idea
More...
.
.

Categories

Archive

.
.

Advertising on Ecôllo

Click here to learn more about advertising on our site or just send us an e-mail for more information.
Happy Leafy Green on a  Mushroom
.
.

Ecôllo Friends

sabalolodge.com sustainabilityninja.com organicbabyclothes.ca theenvironmentalage.com tinydecorblog.com sumobabystore.com muddydogcoffee.com bestgreenblogs.com enamore.co.uk 365touring.com greenmomfinds.com organicholidays.co.uk wildwindsoap.com moondropclothiers.com nicebaby.ca

Boots on the Roof

Composting Instructions

Paradigm Group
Green Wholesaler

Free Green Market

Leaves and Lizards
Arenal Volcano Cabin Retreat

Cherished Planet
Live Green. Give Green.

GreenSmith Consulting

La leona Ecolodge

Green Gigs
Virtual Jobs With a Green Twist

Babyminding
Kids and Baby Design Ideas
Natural and Organic Baby Products
Waste Collection
Eco Home Furniture Design Ideas
Cruiserstyle
Beach Cruisers

WildlifeGardener
Expert Advice To Create A Wildlife Haven

ForceChange
Environmental news, policy and analysis

Compost Manual
A complete guide to composting

The Organic Beauty Expert
Allie's Answers
Urban Branches
A City Girl's Guide to Going Green

The Greening Tree
Green and frugal ideas for imperfect people

Someone Spoil Me
Lucky Honu
Eco-$mart
Healthy, Efficient, Disaster Resistant Products for Better Living


Would you like to exchange links and be an Ecôllo Friend?
It's easy!
.
blogarama - the blog directory
Terms of Use | Privacy Policy | Subscribe to Ecollo's RSS Feed Ecollo.com RSS Feed
Ecollo logo and Ecollo Characters are © Copyright 2007 - 2010 Ecollo.com Inc. All rights reserved.
All other articles and images are subject to the Creative Commons Public Domain License.
Add to Google Add to My Yahoo! Add to My MSN Add to My AOL Subscribe in NewsGator Online Add to del.icio.us