Food Crisis Fears Return As Prices Rise And Harvests Fall

Food Crisis Looms As Prices Rise, Harvests Fall And Exports Are Banned -- The Telegraph

It’s the latest sign of an impending food crisis. Russia has just announced that it is to continue its ban on grain exports for another eight months – until the end of June next year. When the ban was first imposed in mid-August - after the worst drought for decades devastated the country’s harvest – it helped send up food prices worldwide.

Now prices are rising again – to their highest level in two years – and harvests are continuing to shrink. Global wheat and maize prices recently soared by 30 per cent in a few weeks, and have risen by almost twice that since April. Rice in Bangladeshi markets now costs almost twice as much as it did a year ago. And the US government now estimates that this year’s worldwide wheat crop will be 5.5 per cent down on last year.

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More News On The World Food Crisis

Food price fears as US warns on crop yields -- Financial Times
UN experts predict food crisis -- Voice of Russia
US sparks concerns of food price hikes -- NineMSN
Another food crisis looms? -- Dominican Today
UN warns of food shortage -- The Age
The Food Crisis Of 2011 -- Forbes
Six casualties of the world food crisis -- The Guardian