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Record crop prices spur food-crisis worries

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Record crop prices spur food-crisis worries


Environmental | 208053 hits | Jul 23 12:28 am | Posted by: Hyack
14 Comment

Prices for two key crops set new records on Friday as the heat and dryness across many of the Canadian and American agricultural regions is starting to kindle fears of a food crisis.

Comments

  1. by CrazyNewfie
    Mon Jul 23, 2012 1:42 pm
    Yay!! Fantastic news!

  2. by avatar Gunnair  Gold Member
    Mon Jul 23, 2012 1:45 pm
    Interesting. High food prices are one of the issues that initiated th Arab Spring.

  3. by avatar andyt
    Mon Jul 23, 2012 2:36 pm
    Actually our breadbasket looked like it was doing well on the map. Once again, we can feel smug.

  4. by avatar Wada
    Mon Jul 23, 2012 2:48 pm
    I'm glad I only eat to live, eh. :wink:

  5. by avatar DanSC
    Mon Jul 23, 2012 3:02 pm
    The best way to boost food production is to have high food prices. This is just a result of the weather, not of some kind of meddling by an OPEC-like agriculture cartel. Prices will come back down.

  6. by avatar Gunnair  Gold Member
    Mon Jul 23, 2012 5:29 pm
    "DanSC" said
    The best way to boost food production is to have high food prices. This is just a result of the weather, not of some kind of meddling by an OPEC-like agriculture cartel. Prices will come back down.


    It would hurt to stop wasting food to make fuel as well.

  7. by avatar saturn_656
    Mon Jul 23, 2012 5:34 pm
    "Gunnair" said
    The best way to boost food production is to have high food prices. This is just a result of the weather, not of some kind of meddling by an OPEC-like agriculture cartel. Prices will come back down.


    It would hurt to stop wasting food to make fuel as well.

    It wouldn't hurt our engines either, Ethanol blended gas is a shitty fuel.

  8. by avatar BartSimpson  Gold Member
    Mon Jul 23, 2012 10:19 pm
    End agricultural subsidies to massive, multinational corporations and that can help bring food prices down, too. You can't tell me it's a good thing that most of the food production in North America is effectively controlled by less than a dozen corporations.

  9. by avatar Xort
    Mon Jul 23, 2012 10:39 pm
    "BartSimpson" said
    End agricultural subsidies to massive, multinational corporations and that can help bring food prices down, too. You can't tell me it's a good thing that most of the food production in North America is effectively controlled by less than a dozen corporations.

    End subsidies to all agricultural industry, big or small.

    A larger company is normaly better albe to diversify the risks they face, better able to make capital investments to incress efficency.

    So long a the sub dozen coroprations are in each others markets to some degree you have in theory at least the setup for competition. Although it is possible for them to end up as a cartel.

    Both the US and the EU need to drop the agricultural subsidies.

  10. by avatar BartSimpson  Gold Member
    Mon Jul 23, 2012 11:30 pm
    "Xort" said

    End subsidies to all agricultural industry, big or small.

    A larger company is normaly better albe to diversify the risks they face, better able to make capital investments to incress efficency.

    So long a the sub dozen coroprations are in each others markets to some degree you have in theory at least the setup for competition. Although it is possible for them to end up as a cartel.

    Both the US and the EU need to drop the agricultural subsidies.



  11. by avatar DanSC
    Tue Jul 24, 2012 12:28 am
    "BartSimpson" said
    End agricultural subsidies to massive, multinational corporations and that can help bring food prices down, too.

    It's a good idea in theory, but if we're going to subsidize any industry, I want it to be agriculture. Food is kind of important.

  12. by avatar martin14
    Tue Jul 24, 2012 5:38 am
    "Xort" said


    Both the US and the EU need to drop the agricultural subsidies.



    If you are going to dream, it's good to dream in colour. :)

  13. by avatar martin14
    Tue Jul 24, 2012 5:39 am
    "DanSC" said
    End agricultural subsidies to massive, multinational corporations and that can help bring food prices down, too.

    It's a good idea in theory, but if we're going to subsidize any industry, I want it to be agriculture. Food is kind of important.

    The subsidies don't keep prices down, or farmers working.

    In fact many times the opposite is true.

  14. by avatar ShepherdsDog
    Tue Jul 24, 2012 5:50 am
    The fellow who's renting our land currently has most of it and his land, that's not hay, sown to fava/faba beans and lentils right now. I think he also has a couple hundred acres sowed with kabuli chick peas still. he had more of the land dedicated to it a couple of years ago, but it's a bit of a bitch to grow.



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