Bean and gone: coffee and other food prices are escalating as agriculture is squeezed in the fight over commodities and land Demand For Food Is Costing The Earth -- The Telegraph
The fight is on over how to solve the global crisis in resources, says Rose Prince.
Hardly a morning passes without food making the headlines. This week has brought us the burger that thinks it’s a pizza and news that eating asparagus helps you stay slim (fingers crossed it’s the type covered in melted butter). And we heard that, if you eat pickled squid guts and single cream together, it tastes like strawberry shortcake.
However, this month has also seen news reports on escalating wheat and coffee prices due to bad weather and poor harvests. Then on August 19 came the headline “Australian mining giant launches hostile $40 billion takeover bid for world’s largest potash supplier”. It is not immediately apparent what we’re talking about here, but this is City champagne bar speak for “world runs out of food”. This really is news about food that consumers should be fearful of.
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My Comment: Bottom line .... he who can pay will get what they want.
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