FOOD-PRICES

School lunch programs hit hard by food prices

Add schools to the list of places hit hard by rising food prices.

Germany's Merkel urges G8 action on food

German Chancellor Angela Merkel called on the Group of Eight summit to agree on a "comprehensive package of measures" to tackle the fallout from soaring food prices, according to commentary published Sunday.

Experts: EU, US must reconsider biofuel policy

Europe and the U.S. must reconsider their biofuel policies because of rising food prices around the world, aid officials and food policy experts said Thursday.

Report: World food prices set to fall

World food prices are set to fall from current peaks in the coming years but will remain "substantially above" average levels from the past decade, a report said Thursday.

Violinist with Amadeus Quartet dies at 86

Siegmund Nissel, a violinist who fled his native Germany as a child to escape Nazi persecution of Jews and later helped found the Amadeus String Quartet, has died at age 86.

US disputes IMF on food prices

The Bush administration on Wednesday was downplaying the role of biofuels production in rising food prices.

In lean times, shoppers see extra fat in food bill

Forced to pay for once-free sandwich toppings and twice as much for some steak cuts, shoppers are wondering whether higher grocery bills and restaurant tabs truly reflect the trickle down of a global rise in food prices.

US, EU asked to reconsider biofuel goals as food prices rise

The U.S. and European Union should reconsider a shift to biofuels that has helped increase food prices worldwide by turning agricultural land over to energy crops, American economist Jeffrey Sachs said Monday.

Indian politicians blast Bush over comments on food prices

Indian politicians have lambasted President Bush for saying the South Asian country's increasing prosperity is partly to blame for the rising price of food around the world.

Asian Development Bank: Biofuels making food more expensive

Developed nations should stop paying agricultural subsidies to encourage biofuel production because the payments are making staple foods more expensive, the Asian Development Bank said Monday.

Haiti President Announces Drop in Rice

President Rene Preval announced a drop in the price of rice Saturday in a bid to defuse anger of rising food prices that fueled days of deadly protests and looting across Haiti.

Report: World Food Prices to Rise

Food prices are set to rise around the globe after years of decline, with climate change making it harder for the world's poorest to get adequate food, according to a report released Tuesday.

Ethanol Isn't Sole Food Price Culprit

The cost of food spiked right on cue last year when economists warned that the country's thirst for ethanol would drive up the cost of the grain used to feed livestock for meat, dairy and other foods.

Fuel, Grain Prices Spur Food Price Hikes

This morning, your bowl of cereal and milk probably cost you 49 cents. Last year, it was 44 cents. By next year, it could be 56 cents. It's enough to make you cry in your cornflakes.

Wal-Mart Investigated for Charging Higher Prices in Poorer Neighborhoods

Source: local6.com

"It disgusts me that the people who can least afford to buy the food have to pay more money than everyone else does," Barnaby said. That's a serious accusation and the Problem Solvers probed further...

McCain's Economic Plan: Um, Where's the Rest of It?

Source: Energy Sector and Stocks Analysis from Seeking Alpha

You know those times when the printer runs out of paper midway through a job, but you don't realize it? You pick up the document and start reading, then wonder where the rest of it went.

Greek 'Robin Hoods' rob supermarket for food

Source: Telegraph

Greek anarchists stormed a supermarket and handed out food for free in the latest of a wave of raids provoked by soaring consumer prices.

No Time to Cook, Fresh is Expensive, and Other Barriers to Healthy Eats.

Rottlady seeded an excellent article on Alabama's plans to charge obese employees more for their health insurance. Kudos to Rottlady for bringing this to our attention.

As gas prices go down, so will food, right? No

Source: MSNBC

As prices for crude oil and other commodities ease, Americans have gotten a small dose of relief at the gas pump. But don't expect less pain at the grocery counter.

Hot Commodities, Stuffed Markets, and Empty Bellies

Source: Dollars & Sense magazine

A very readable behind the scenes look what's behind the rise in food prices. Article explains who's making a killing and who's getting robbed blind. From Dollars & Sense magazine.

After soaring for months, prices for oil, rice, and other commodities are going down

Source: Christian Science Monitor

We have had to endure the continual upward spiral in commodity prices for months on end -- finally there is some softening in prices. While prices are still a long way from 2007 levels, they are down markedly.

How to Survive the Triple Whammy of Energy, Food and Climate Crises

Source: AlterNet.org

Gas prices are above $4 a gallon; global food prices surged 39% last year; and an environmental disaster looms as carbon emissions continue to spiral upward. The global economy appears on the verge of a TKO, a triple whammy from energy, agriculture, and climate-change trends.

Stagflation Perfect Storm: Yachting Set Says: "Let Them Eat Pizza"

Source: AlterNet.org

The real US economy is more like this: To gauge what most of us are really experiencing on a day-to-day basis, one might imagine economic reporters relying on a monthly "pizza index" instead of the Consumer Price Index.

EPIC | Changing Renewable Fuels Standard Not the Fix to Food Prices

Source:

Recent calls to reduce the renewable fuels standard (RFS) seem like an easy and immediate fix to world food shortages.

The Feed - The Man Who Dared to Question Ethanol - NYTimes.com

Source: The New York Times

IT wasn't too long ago that a loose coalition of anti-ethanol forces was bemoaning the futility of its fight.

Offices of grain giants Cargill, Bunge raided in Italy

Source: Wall Street Journal

European antitrust enforcers raided the Italian offices of grain giants Cargill Inc. and Bunge Ltd. in a probe of the grain and cereals business as surging food prices around the world spark widespread protests.

Experts Fear Finns Will Skimp on Veggies, as Food Costs Soar

Source: YLE uutiset

Skyrocketing food prices will limit people's diets in Finland, according to some experts. In particular, they worry fewer vegetables will be served at meals.

Biofuels behind food price hikes: leaked World Bank report

Source: PhysOrg.com

Biofuels have caused world food prices to increase by 75 percent, according to the findings of an unpublished World Bank report published in The Guardian newspaper on Friday.

World food prices may rise due to Midwest flooding/Food inflation may dodge Midwest flood bullet

Source: National Post

Levees on the cresting Mississippi River held on Sunday as the worst U.S. Midwest flooding in 15 years began to ebb, but multibillion-dollar crop losses may boost world food prices for years.

U.S. Consumer Confidence Plunged to 16 Year Low

Source: myvoiceoflife

The Conference Board, a private business-backed research group, announced on June 24 that its index of consumer confidence for the month sank to a 16-year low. The drop in the U.S.

Genetic engineering – a crop of hyperbole

Source: The San Diego Union-Tribune

The food crisis is much in the news. It is also on the minds of the biotech industry, which is using rising food worries to suggest, contrary to the evidence, that genetically engineered, or GE, crops are needed to help the world feed itself.

No $$ + No Time = Hamburger

For about four weeks I found myself stopping to eat more frequently at fast food chains like Burger King, Wendy's and Taco Bell. I've been trying to save money now that things are tighter, but the economy wasn't the only reason.

Who Benefits From High Food Prices?

Source: MotherJones.com

Last week, new consumer price data released by the US Labor Department confirmed what most shoppers already suspected: Food prices, which took their biggest one-month leap in nearly two decades in April, rose even further in May. Energy costs, too, went up last month.

Farming group in Indonesia urges help to end global food crisis

Source: Agence-France Presse

An international farming group on Saturday urged countries to step up domestic food production by providing more facilities to small-scale farmers in a bid to help end the global food crisis.

Famine killed 7 million people in USA

Source: Pravda.ru

How much do we REALLY know about what happened during The Great Depression?

Consumer Products Shrink, Prices Don't

Source: AOL

There's a reason why the tub of ice cream you bought last week looks a tad smaller than ones you bought last summer. It is.

Mexico freezes prices on food items to stem inflation

Source: The Houston Chronicle

Moving to stem rising inflation and civil discontent, President Felipe Calderon and Mexican industrialists announced an agreement Wednesday to freeze prices on more than 150 food items.

Rise in food prices sends inflation to 18-year high

Source: Guardian Unlimited

The prices of most food products around the world have risen after basic commodities such as wheat, rice and corn hit record highs in recent months.

World food prices up 60% in last two years

Source: Manila Times (http://www.manilatimes.net)

By Ira Karen Apanay, Senior Reporter The world prices of major food items, such as grain and vegetable oils, have increased more than 60 percent over the last two years, the US Department of Agriculture reported.

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