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10 Surprising Implications of the Global Rise in Food Prices
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6-5-2008 5:10 PM
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The article is way more informative than can be contained in a single clip
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/b984db8d-69a9-41f4-8b76-638d8a6fe0d9/D627E0FB-E3E9-4759-BF4F-B16CCE4E038F/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/" href="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/" style="font-size: 11px;">www.currencytrading.net</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/"><H1>10 Surprising Implications of the Global Rise in Food Prices</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/"><P>In 1798, Thomas Malthus famously and grimly predicted that population growth would be perennially held in “check” by inherent limits to food production. While the following 200 years have certainly witnessed their fair share of famines and food crises, the supply of food generally kept pace with demand, and life went on. Over the last decade, however, the demand for food has risen faster than supply, causing food prices to climb faster than the rate of inflation. The <A href="http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/0,,contentMDK:21665883~pagePK:64165401~piPK:64165026~theSitePK:469372,00.html<br />">World Bank</A> noted that since the year 2000, food prices have risen 75%, a figure which conceals even more dramatic increases, such as a 200% increase in the price of wheat and a 250% increase in the price of rice.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/"><STRONG>Inflation:</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/"><STRONG>Monetary Policy:</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/"><STRONG>Famine and Civil Unrest:</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/"><STRONG>Food Versus Fuel:</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/"><STRONG>Increased Efficiency:</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/"><STRONG>Forex Implications:</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/"><STRONG>Conservation:</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/"><STRONG>World Trade:</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/"><STRONG>US Agricultural Policy:</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.currencytrading.net/2008/10-surprising-implications-of-the-global-rise-in-food-prices/"><STRONG>Agribusiness:</STRONG></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D627E0FB-E3E9-4759-BF4F-B16CCE4E038F/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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