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Cereal {grain} prices hit poor countries (BBC)

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eppur_se_muova Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-14-08 12:15 PM
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Cereal {grain} prices hit poor countries (BBC)
The rising price of cereals such as wheat and maize is a "major global concern", the United Nations' Food and Agriculture Organization (FAO) says.

Poor countries could see their cereal import bill rise by more than a third. Africa as a whole is expected to see an estimated 49% increase this year.

International wheat prices have risen 83% in the past 12 months.

Demand from emerging countries such as China, and droughts and flooding have pushed cereal prices to record highs.

It is estimated poor countries will pay a record $33.1bn (£17bn) for cereal imports in the year to July 2008. This is despite a fall in the total amount they will import.
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more: http://news.bbc.co.uk/2/hi/business/7244382.stm
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jaksavage Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-14-08 12:20 PM
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1. Well we need fuel
and if that means that others can't afford food... well they just aren't working hard enough.
I just won't have my freedom to pillage and plunder the planet be infringed by a few hundred million starving people.

Hey how about that Roger Clements?
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