Tag Archives: global food prices
Food Fuel
Here’s a look at the problem from the Simon Nixon blog in yesterday’s WSJ.
The protests in Egypt, Tunisia and Jordan are all clearly rooted in deep political grievances against brutal dictatorships, but they have their origins in soaring food prices. The chart below from Absolute Strategy Research shows why:
Fuel for Thought
Bloomberg says the soaring world food prices that caused riots in Algeria and Tunisia will boost American exports. Corn was up 52% last year.
