In a 2010 article in Harper's Magazine, Frederick Kaufman argued the Goldman Sachs Commodity Index caused a demand shock in wheat and a contango market on the Chicago Mercantile Exchange, contributing to the 2007 — 2008 world
food price crisis.
There is clear and present danger that another global
food price crisis will emerge sooner than later.
Not exact matches
Though the financial
crisis offered immediate relief from rising
food and energy
prices, it also helped lay the groundwork for a supply shortage in its wake.
This report describes a new age of growing
crisis:
food price spikes and oil
price hikes, devastating weather events, financial meltdowns, and global contagion.
The
price of soya beans is heading towards the record high set during the 2007 - 08
food crisis, which is set to reignite fears of runaway global
food inflation.
A U.S. government study of response to a 2002 southern Africa drought and
food crisis found that
food aid contributed to a marked drop in the
price of corn.
Which brings me to the deeper reason you will need not simply to address
food prices but to make the reform of the entire
food system one of the highest priorities of your administration: unless you do, you will not be able to make significant progress on the health care
crisis, energy independence or climate change.
This year, the theme of World
Food Day is «food prices — from crisis to stability&raq
Food Day is «
food prices — from crisis to stability&raq
food prices — from
crisis to stability».
Gordon Brown has written to the chairman of the G8 urging international action too avert fears of a growing
crisis fuelled by soaring global
food prices.
«The reduction in
food prices should not be interpreted as the end of the
food crisis,» Diouf said.
Moreover, the downturn in
prices could even discourage
food production in the coming season, which would provoke another
food crisis.
In particular, IIASA researchers will focus on how potential phosphorus market
crises might put pressure on the global
food system and create environmental ripple effects ranging from expansion of agricultural land to phosphorus
price - induced changes in land management, which could exacerbate the already existing imbalance between carbon, phosphorus and nitrogen.
Water is not immune to other external and immediate challenges, such as the recent economic and financial
crisis and the volatility in the
price of
food and other commodities, and their impact on water is complex and needs to be better understood.
With the world on the verge of another
food crisis (corn, wheat, and soybean
prices are soaring again), extreme weather patterns becoming more pronounced, carbon emissions on the rise, loss of biodiversity accelerating, we desperately need some «win - win» strategies in our quest to make the world more sustainable.
During the 2007 - 8
food crisis the
prices of wheat and corn doubled, while the
price of rice tripled.
There's been a lot of talk lately about the
food crisis, and particularly linking it to growing crops for biofuels (a highly inefficient process which seems to drive
prices up, particularly in US policy), but Frances More Lappe argued in her books several years ago that there is, in fact, enough
food on the planet to feed us all, but localized political troubles (grain rotting in Haitian ports), increasing desertification,
food waste, and problems with global supply chains are better explanations for why so many go hungry.
This strong link began in October of 2006, and contributed to 79 % of the
food price spikes in the 2007 - 08
crisis, which left thousands of people hungry and
food insecure.
This analytical report looks at how the key causes of the current
food crisis are the combined effects of speculation in
food stocks, extreme weather events, low cereal stocks, growth in biofuels competing for cropland and high oil
prices.
Castel Gandolfo Workshop: An introduction to the impact of climate change, the economic
crisis, and the increase in the
food prices on malnutrition
So when we look at individual issues — these protests, the debt
crisis, inequality, resource constraint,
food prices, the recession, money's influence in politics or accelerating climate chaos — we mistakenly see them in isolation.
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Beyond high
food prices, little to show for $ 11B / yr in biofuel support, says OECD report (7/17/2008) Government support of biofuel production in rich countries is squandering vast amounts of amounts of money while exacerbating the global
food crisis and failing to meaningfully curb greenhouse gas emissions and improve energy security, alleges a new report from the OECD, the club of industrialized nations.
An alarmist organisation whose sole existence is thanks to the overblown «climate
crisis» comes up with a report that justifies its own existence and reassures everyone that the massive, unnecessary new tax will have far less of an effect on
food prices than the evils of «global warming».
Fortunately, the
price of rice — a staple
food for billions of poor people in Asia — has remained stable, so the high
prices are not generally expected to create a hunger
crisis.
The NRC and ISU studies argue that U.S. biofuel policies have only modest impacts on grain
prices whereas the CSI and CWFS studies indicate that biofuel policies contributed significantly to the 2008 global
food crisis and / or pose significant risks to global
food security today.
Examples include the Study on the impacts of rising
food prices on the food security of the urban poor (in 5 cities / regions for IDRC and UN Habitat), Assistance to FAO for the Technical Consultation on Food, Agriculture and Cities and the Scoping paper on urban agriculture for UNEP and the Assistance to China - Europe on urban agriculture in face of the food cri
food prices on the
food security of the urban poor (in 5 cities / regions for IDRC and UN Habitat), Assistance to FAO for the Technical Consultation on Food, Agriculture and Cities and the Scoping paper on urban agriculture for UNEP and the Assistance to China - Europe on urban agriculture in face of the food cri
food security of the urban poor (in 5 cities / regions for IDRC and UN Habitat), Assistance to FAO for the Technical Consultation on
Food, Agriculture and Cities and the Scoping paper on urban agriculture for UNEP and the Assistance to China - Europe on urban agriculture in face of the food cri
Food, Agriculture and Cities and the Scoping paper on urban agriculture for UNEP and the Assistance to China - Europe on urban agriculture in face of the
food cri
food crisis.
The situation of the urban poor is precarious in the present context of volatile
food prices and the financial, fuel and economic
crises.
Back in 2008, the UK's Chief Scientist warned that the
food crisis would hit us long before climate change, and the UN has just warned that
food prices could rise 45 % in the coming decade.
Though the worst economic
crisis since the Great Depression has recently brought
food prices down from their peak, they still remain well above their long - term average levels.
Part of this recent rise can be attributed to higher
food prices and the global economic
crisis.
During this global
food crisis, Monsanto just raised the
price of its corn seed $ 100 a bag.
:: Reuters
Food crisis being felt around world: Sharply rising prices have triggered food riots in recent weeks in Mexico, Morocco, Senegal, Uzbekistan, Guinea, Mauritania and Yemen, and aid agencies around the world worry they may be unable to feed the poorest of the p
Food crisis being felt around world: Sharply rising
prices have triggered
food riots in recent weeks in Mexico, Morocco, Senegal, Uzbekistan, Guinea, Mauritania and Yemen, and aid agencies around the world worry they may be unable to feed the poorest of the p
food riots in recent weeks in Mexico, Morocco, Senegal, Uzbekistan, Guinea, Mauritania and Yemen, and aid agencies around the world worry they may be unable to feed the poorest of the poor.
This study, funded by the International Development Research Centre (IDRC)(Canada) and undertaken in cooperation with UN-HABITAT (Nairobi), studied the impacts of the
food price hike and economic
crisis of 2007/2008 on the
food security and nutritional status of young children and their mothers in 5 cities: Colombo (Sri Lanka), Accra (Ghana), Bogota (Colombia), Copperbelt (Zambia) and Rosario (Argentina).
Steiner said governments and individuals should not ignore climate change because of current
crises over soaring
food and oil
prices.