Here is a portion of it.
“For once, there's great reason to be optimistic,” Miller said.
But the prices that have renewed Miller's faith in farming are causing pain far and wide. A tailor in
“If you wanted to buy three loaves, now you buy one,” Ojuku said.
Everywhere, the cost of food is rising sharply. Whether the world is in for a long period of continued increases has become one of the most urgent issues in economics.
Many factors are contributing to the rise, but the biggest is runaway demand. In recent years, the world's developing countries have been growing at about 7 percent a year, an unusually rapid rate by historical standards.
The high growth rate means hundreds of millions of people are, for the first time, getting access to the basics of life, including a better diet. That jump in demand is helping to drive up the prices of agricultural commodities.
You can read the full article here.
In combination with the economy and recent decline in the stock market I'm curious to know how others are looking at this situation.
Feel free to comment.