We recommend you read The Great Food Price Crisis of 2011, an article by Lester R Brown, President of the Earth Policy Institute.
Brown unpicks the causes of recent food price rises and looks at what could lie ahead in the not-too-distant future.
“The current surge in world grain and soybean prices, and in food prices more broadly, is not a temporary phenomenon,” he writes. “We can no longer expect that things will soon return to normal, because in a world with a rapidly changing climate system there is no norm to return to…
“Unless governments quickly redefine security and shift expenditures from military uses to investing in climate change mitigation, water efficiency, soil conservation, and population stabilization, the world will in all likelihood be facing a future with both more climate instability and food price volatility. If business as usual continues, food prices will only trend upward.”
Later this week well bring you expert insight from CIAT Policy Economist Bernardo Creamer, on what’s happening to world food prices and what to expect.