Are food prices rising, globaly?

[white-wolf]

Are food prices rising, globaly?

Although inflation is less than %8 in Turkey, in last 15 days rice prices risen %130 based on global food market. Wheat prices also are rising.

Do you think there is a rising of food prices in World?

[Daovonnaex]

Are food prices risimg, globaly?

Although inflation is less than %8 in Turkey, in last 15 days rice prices risen %130 based on global food market. Wheat prices also are rising.

Do you think there is a rising of food prices in World?

Food prices are skyrocketing. Wheat prices have doubled in the past year. Corn, soybeans, rice, beef, pork, etc. are all way up. Here in the US, retail prices for food have doubled in the past four years.

Land devoted to cultivation has been declining for thirty years, while population has continued to increase. Furthermore, the biofuels craze in the USA (and to a lesser extent, Brazil and Europe) has created a speculative boom in agriculture.

Rapidly growing incomes in Asia are fueling demands for better diets, with more meat and more fresh vegatables. Meat consumption has tripled in China in just ten years.

These factors are driving a huge boom in agricultural prices. This has now led to food riots in Africa and Yemen, and many countries in Asia now have export caps on basic cereal crops to ensure adequate domestic supply. In many third world countries, food supplies have become a crucial political issue. The government of the Philippines is currently attempting to lock up stable, long term supply contracts of rice to avert fears of famine.

[removeduser_426582376423734]

Most South-East Asian countries have some kind of export ban in place right now on cereal crop and rice, so there's no wonder.

[Dracula]

On the Balkans the prices have risen with not more than 20% for the wheat products but meat is same price as before. I guess it should be a problem for countries that don't have at all domestic production or it is insignificant.

[mrmouth]

I listen to the Farm Report everyday, and just about everything is up, some crops like corn, are up dramatically. Good for farmers, hurts the consumer though.

I know I definitely spend more at the supermarket.

[Denny Crane!]

It is as dao has posted it and furthermore there is another 75% price hike coming for rice.

There is a lot more arable land available and farming practices can be updated in many third world countries that will greatly increase food outputs. The rising price of food means that third world countries could potentially make a lot of money out of this situation.

The ridiculous support of biofuels has exasperated a problem that needn't have been quite so bad.

[Chaigidel]

ethanol will be remembered as a huge up on all fronts.( and biofuels)

unless we get that super algae going.

[Daovonnaex]

ethanol will be remembered as a huge up on all fronts.( and biofuels)

not for the shareholders of ADM

[Dracula]

Why rice exactly ? We don't eat it that much.

[Daovonnaex]

Why rice exactly ? We don't eat it that much.

It's the principle staple crop in Asia.

[Dracula]

It's the principle staple crop in Asia.

Does it mean cause the crazy asians have doubled in numbers and we supply them with more food,the prices in the internal market of the countries producing food rise as well because of the increased export,there's a shortage on the internal market ?!

[removeduser_426582376423734]

Why rice exactly ? We don't eat it that much.

Export too much of what your country eats and your country starves.

[Denny Crane!]

Why rice exactly ? We don't eat it that much.

Actually we do generally even in the west, did you know its a principal filler of almost all dog/cat foods and treats, and there is a lot of that sold every year.

It is the main food for over half the people in the world, in the uk each person on average consumes 4.4 kg.

[Dracula]

Actually we do generally even in the west, did you know its a principal filler of almost all dog/cat foods and treats, and there is a lot of that sold every year.

It is the main food for over half the people in the world, in the uk each person on average consumes 4.4 kg.

I know the arabs got a meal rice&vegetables&meat that can replace a traditional kitchen but I can imagine rice only as garnish for a meal - and even then I use some bread

No, Dracula. South-East Asia imports rice by the shipload. It has been hit by different factors that limit its crop output. Since it has to feed its population, it has to cut down or ban exports to keep the crop in the country to feed the population. This means less rice is getting to the rest of the world through trade, thus the current rice there (a good 3 years' stock for the big rice chains) has had a price increase.

And why is that ? From the climate warming ?!

[antares24]

Are food prices rising, globaly?

Although inflation is less than %8 in Turkey, in last 15 days rice prices risen %130 based on global food market. Wheat prices also are rising.

Do you think there is a rising of food prices in World?

of course they're rising, look here:

World Bank head Robert Zoellick warned that 100 million people in poor countries could be pushed deeper into poverty by spiralling prices.

The crisis has sparked recent food riots in several countries including Haiti, the Philippines and Egypt.

The World Bank endorsed Mr Zoellick's "new deal" action plan for a long-term boost to agricultural production.

http://news.bbc.co.uk/2/hi/business/7344892.stm

in rich countries that's a problem, but it's not a vital issue, while in poor countries it can be a real disaster, when you earn 1 or 2$ a day basic foods price doubling is a tragedy.
OT in turkey inflation is at 8%??? :hmmm:

[white-wolf]

of course they're rising, look here:
http://news.bbc.co.uk/2/hi/business/7344892.stm

Of course I am aware that. Because of that and create a discussion I open this thread.

in rich countries that's a problem, but it's not a vital issue, while in poor countries it can be a real disaster, when you earn 1 or 2$ a day basic foods price doubling is a tragedy.
OT in turkey inflation is at 8%??? :hmmm:

OT it was nearly %100 7-8 years ago. After that it fall down steadily to %8 last year.(Why AK party took %50 of votes, do you think?). However, because the looming Global cris(sp?) and current political unstability at Turkey, the inflation is in trend of rise.

[removeduser_426582376423734]

No, Dracula. South-East Asia imports rice by the shipload. It has been hit by different factors that limit its crop output. Since it has to feed its population, it has to cut down or ban exports to keep the crop in the country to feed the population. This means less rice is getting to the rest of the world through trade, thus the current rice there (a good 3 years' stock for the big rice chains) has had a price increase.

[RZZZA]

all this means is more Top Ramen for me.

[Holger Danske]

Are food prices rising, globaly?

Although inflation is less than %8 in Turkey, in last 15 days rice prices risen %130 based on global food market. Wheat prices also are rising.

Do you think there is a rising of food prices in World?

Ehm, it's a fact... Btw: aren't you gonna blame it on us infidels?

[Denny Crane!]

Ehm, it's a fact... Btw: aren't you gonna blame it on us infidels?

well partially it is.