Now It’s the $6 Loaf of Bread
The markets that set prices have been known to fall, as well as rise. Wheat prices, which have leveled off recently, could fall if a bumper harvest materializes this year, a development that would help bring rice prices down, too. But until that happens, and until the dynamics of supply and demand change, there's a sense that urgent actions will be required to feed the truly hungry, while the rest of us will have to tighten our belts. As Abdolreza Abbassian, an analyst at the Food and Agriculture Organization, puts it: "The era of cheap food is over."
With Ashley Harris and Barrett Sheridan in New York, Miyoko Ohtake in San Francisco, Karen Macgregor in Durban, South Africa, and Criselda Yabes in Manila
© 2008
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Member Comments
Posted By: Jaray24 @ 05/05/2008 10:56:16 PM
Comment: American needs to focus on itself. As prices increase more and more people will turn to stealing, or they will just foreclose on their home commit a federal crime, (rob a bank) and go to prison where they have a roof over their head, 3 meals a day, and the rest of America pays for it. The Gov. needs to look at it's own people and get them there they need to be, then help others. You can't help others for to long if you don't help your own people.
Posted By: patriciakaye @ 05/03/2008 8:49:38 PM
Comment: It would also help if we wouldn't allow every tom, dick and harry into america ....and say no for once we have enough ehre..
Posted By: patriciakaye @ 05/03/2008 8:40:13 PM
Comment: If The American Gov. would start Worrying about America things might be better here..America is falling and they were about china ,india and iraq . I don't want anyone to starve but seems to me that i dont here a mention of Americas poor and weak and how they will survive a food shortage and price raising!!!!