Comments on: Food Costs Rising Fastest in 17 Years

By: Jim S

Jim S — Wed, 16 Apr 2008 00:30:59 +0000

Biofuels have nothing to do with the rising price of rice in Asia, which is also a major worry. But biofuels from food crops is still a bad idea.

By: leftdog

leftdog — Tue, 15 Apr 2008 05:42:27 +0000

Elyas is totally right. The problem is going to be most disastrous internationally in poor countries. It’s the cause of some rioting already in Haiti. In countries like Bangladesh and parts of India, it is going to get very bad for the next while.

Jimmy the Dhimmi says “One thing all donklephants can agree on is to end this biofuels nonsense, and stop these government subsidies for biofuel crops. This is the primary reason for higher food prices.” That is only part of the problem – the huge rise in fuel prices has radically increased the cost of production for food staples PLUS you have to add on the huge rise in the cost of transporting the food.

By: Avinash_Tyagi

Avinash_Tyagi — Mon, 14 Apr 2008 23:02:28 +0000

And yet we plunk down billions in Iraq, billions that could be used to make sure families could keep affording groceries

By: Jimmy the Dhimmi

Jimmy the Dhimmi — Mon, 14 Apr 2008 22:40:48 +0000

One thing all donklephants can agree on is to end this biofuels nonsense, and stop these government subsidies for biofuel crops. This is the primary reason for higher food prices.

By: Comments from Left Field

Comments from Left Field — Mon, 14 Apr 2008 21:57:33 +0000

Food Costs Spiking…

I’m sure we’ve all noticed that the grocery bills have been steadily getting bigger in the last few years. Well, the AP just released a story showing that not only are food prices climbing, they’re rising at the fastest rate in 17 ye…

By: bubbles

bubbles — Mon, 14 Apr 2008 21:38:55 +0000

I’ve noticed it. Food shopping is a major pain right now. Thank god for Ramen.

Oddly enough, I’ve noticed that many electric appliances have gone down in price… hmmm.

By: Elyas

Elyas — Mon, 14 Apr 2008 20:47:43 +0000

This is nothing compared to what’s going on around the world. The UN, World Bank, and IMF have recently warned of a global food crises, and rising food prices have led to riots in several countries (and the resignation of Haiti’s prime minister over the weekend).

This is one of the more underreported major stories in the media.