Posted by: Disillusioned | April 1, 2009

Food

Is there a shortage of food coming?  Or rising food prices?  It depends on which media you read or listen to:

U.S. Food Prices Predicted to Rise 7 Percent in 2009 http://www.foxnews.com/story/0,2933,448424,00.html

Corn Plummets 31% as Soybeans Fall 28% in Forecast http://www.bloomberg.com/apps/news?pid=newsarchive&sid=abQox0EiBVRk

The nation’s farmers are expected to plant fewer acres of corn and wheat http://content.usatoday.net/dist/custom/gci/InsidePage.aspx?cId=poughkeepsiejournal&sParam=34623508.story

Part of the problem stems from protein producers’ plans to cut back on production in the next year to avoid paying more for animal feed, which has been a huge weight on profits as the cost of corn has skyrocket.   http://www.huffingtonpost.com/2008/10/13/restaurants-expected-to-c_n_134350.html

Outlooks for U.S. farmers to plant less cropland to corn and more to soybeans this spring could mean corn will notch $5 a bushel in 2009, grain analysts told the Reuters Food Agricultural Summit in Chicago on Tuesday. http://www.reuters.com/article/FoodandAgriculture09/idUSTRE52G7FQ20090317

Idaho dairy farmers cut back as dairy prices drop
http://www.google.com/hostednews/ap/article/ALeqM5ikII7NnszKv14Iz0wLH6IQc_dRMQD9787J800

Calif. farmers slash planting to cope with drought http://www.svherald.com/articles/2009/01/23/news/environment/doc497958f6ec2d2281903379.txt

Confusing isn’t it?  What is true and what isn’t?

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Responses

  1. This blog’s great!! Thanks :).


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