Extraordinary Circumstances Raise the Specter of Higher Food Prices and Famine

Reader Contribution by Steven Mcfadden
Published on September 6, 2010
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I called my 89-year-old mother on Sunday. As we talked she voiced a complaint. A can of green beans she had purchased for 89 cents over a year ago, cost her $1.59 when she bought the same brand and size over Labor Day weekend. She lives on a meager, fixed income from Social Security, so the price jump in food hit home for her as a hardship. Elsewhere around the world, for millions of people, the rising cost of food is becoming more than a hardship; it is a threat to their survival.

Perceiving that there are critical months ahead for the cost of food in general and the prospect of famine in particular, the UN’s Food and Agriculture Organization (FAO), has summoned the world’s grain experts to an ‘extraordinary’ session in Rome to address questions of global food supply. The emergency meeting is set for September 24.

With memories still fresh of food riots set off by spiking prices just two years ago, agricultural experts see the potential for big trouble on the near horizon. Grain harvests in the USA are expected to be good, but there is big trouble in Russia, Germany, Canada, Argentina, Australia and elsewhere.

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