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.
The UN's Food and Agriculture Organization has launched a new online tool to track food prices in 55 developing countries, as part
of its food price spike response.
Not exact matches
After months
of higher input costs for manufacturers, the simultaneous
spike in
food and oil
prices is a double whammy that is now starting to hit consumers.
U.S. packaged
food companies are facing a
spike in costs due to a dearth
of drivers, new regulations and higher diesel
prices.
This report describes a new age
of growing crisis:
food price spikes and oil
price hikes, devastating weather events, financial meltdowns, and global contagion.
International dairy
prices are up 82 per cent from the lows
of February, sparking speculation about another big
price spike, according to the
Food and Agriculture Organisation (FAO).
The FAO
Food Price Index showed the first drop in March after eight months
of continuous
spikes — but it may not be a sure sign that the trend is reversing.
Burning
food crops for power is the worst use
of scarce land imaginable, and has already led to a situation where there is a direct conflict between
food and energy: a significant proportion
of the
food -
price spike in 2008 (and a further
spike in early 2011), which led to widespread hunger and bread riots in many poorer countries, was driven by crops being withdrawn from international markets to produce biofuels for transport.
Not surprisingly, those
spikes in insulin levels as a result
of eating highly processed
foods sweetened with unnatural sugars has come with a heavy
price.
A quest for reality behind word wars over the cause and consequences
of spiking food prices.
Today, the House Energy and Commerce Committee should be holding a hearing on advancing America's, and the world's, energy future by initiating a sustained quest to break the economic shackles imposed by enduring dependence on oil (that doesn't involve using 40 percent
of our corn crop to produce ethanol in a world facing
food price spikes).
Keith Bradsher and Andrew Martin have a sobering story in The Times showing declines in funding for agricultural development assistance and basic research even as the world's poorest regions face
spiking prices and shortages
of basic
foods.
I see absolutely no reason that this
food price spike is any different from any
of the ones in the last four decades: ie, a normal self - correcting phenomenon in which a slight imbalance between demand and supply is reflected in a
price rise, which will result in higher output next harvest.
It may be time to do the same thing for the hybrid debate over the role
of climate change in propelling
food price spikes and political instability in Egypt and other turbulent places.
Adam Nossiter, «For Congo Children,
Food Today Means None Tomorrow,» New York Times, 2 January 2012; Deutsche Welthungerhilfe, IFPRI, and Concern Worldwide, 2011 Global Hunger Index: The Challenge
of Hunger: Taming
Price Spikes and Excessive
Food Price Volatility (Bonn, Washington, DC; and Dublin: 2011), p. 17.
A searing heat wave struck Moscow in late June 2010, spawning massive wildfires, killing tens
of thousands, and cutting Russia's wheat crop by 40 %, contributing to a sharp
spike in world
food prices.
«We're already facing
food price spikes and the early impacts
of human - caused climate change on
food production.
«A sudden
food price spike in 2008 led to
food riots across parts
of the world that are in danger
of soon being repeated,» USAFLPB notes.
According to a report commissioned by the World Bank, global demand for fuels made from
food accounted for nearly 70 %
of the historic
price spike in wheat, rice, corn, and soy during the summer 2008.
In a globalized world, the expansion
of the biofuels industry has contributed to
spikes in
food prices and a shortage
of land for
food - based agriculture in poor corners
of Asia, Africa and Latin America because the raw material is grown wherever it is cheapest.
They would have to collude to fix their
prices (as the ethanol lobby always claims grocery chains do when the
price of food spikes), which is illegal.
Then from 2010 to 2011, the
price of wheat doubled — fueled by a combination
of extreme weather events linked to climate change, oil
price spikes and intensified speculation on
food commodities — impacting on Syrian wheat imports.
The revolutions recently and on - going in the ME have
food pricing as a stronger driver than any political ideology, e.g. Keep your eye on China; its power and
food shortages are
spiking; the gubmint has even resorted to actually increasing electricity
prices, much to its own chagrin and the distress
of the public.
This guidance document underscores that: poor people are already at risk from climate - related shocks, including crop failures from reduced rainfall,
food prices spikes after extreme weather events, and increased incidence
of diseases following heat waves and floods.
The
food price spikes of 2008 brought new attention to the need for developing countries to reduce their dependence on imports and invest in their small - scale
food producers.
According to 2012 data from the UN World
Food Program 2012, Senegal is chronically vulnerable to natural disasters (particularly drought and flooding), its agricultural sector has declined over time, it imports about 46 % of its food requirements, its ground water tables is falling 20 feet per years in many places, and it is vulnerable to food price spi
Food Program 2012, Senegal is chronically vulnerable to natural disasters (particularly drought and flooding), its agricultural sector has declined over time, it imports about 46 %
of its
food requirements, its ground water tables is falling 20 feet per years in many places, and it is vulnerable to food price spi
food requirements, its ground water tables is falling 20 feet per years in many places, and it is vulnerable to
food price spi
food price spikes.
The unprecedented
spike in
food prices drove up the number
of hungry people in the world to over 1 billion for the first time in 2009.
Beyond that, «more frequent and extreme weather events will compound things further, creating shortages, destabilizing markets, and precipitating
food price spikes which will be felt on top
of the projected structural
price rises.»