[DeaconBenjamin]

Argentina is imposing export bans? Is this for real?

[EQAndyBuzz]

“Food prices are rising on a mix of strong demand from developing countries; a rising global population; more frequent floods and droughts caused by climate change; and the biofuel industry’s appetite for grains, analysts say. Soyabean prices on Friday hit an all-time high of $14.22 a bushel while corn prices jumped to a fresh 12-year high of $5.25 a bushel.”

Might be time for the UN to step in and force the US to drill ANWR so the rest of the world can have low corn prices.

[TigerLikesRooster]

Who knows? Depending on how things develop, U.S. might do the same.

[mylife]

I was shocked last week when I saw the usual 89C loaf of white bread was $2.45

Everything seems on the rise

[Bernard]

Josette Sheeran, WFP executive director, told the Financial Times that the agency would look at “cutting the food rations or even the number or people reached” if donors did not provide more money.

Interesting - not one word in the article about this agency cutting overhead expenses. Do you think Josette works for free, or flies coach?

[hedgetrimmer]

The UN crooks are not getting a big enough cut from this program. They will therefore institute a ‘crisis’ so that fearful people will submit to even greater gouging.