The plethora of news lately about the global food crisis has left me both concerned and curious about what’s going on in the world. This crisis comes at the heels of dropping significantly more at the grocery store for the same products, and reevaluating our need for organics or Whole Foods when we look at our budgets. Those organic strawberries aren’t looking so super anymore when they’re $6 a pint.
Of course, finances are one thing–what about those starving children in Myanmar who have no access to food, who can’t be so picky?
Pardon a harried mother’s confusion at all the different stories I’m reading. The point of this entry was specifically to direct you all to this report, posted by MarketWatch.
Compared to averages for 1998 through 2007, the report forecast that prices, adjusted for inflation, are projected to be:
20% higher for beef and pork;
30% higher for raw and white sugar;
40-60% higher for wheat, maize and skim milk powder;
60% higher for butter and oilseeds;
80% higher for vegetable oils (driven by food and bio-fuels demands)
Reading that, I’m feeling a little less inclined towards collecting leftovers these days (I have to pay for two boys’ college education, you know). And ordering take-out is, well, out — since obesity contributes to global warming. Sigh.
On a happier note, MarketWatch also gave me 8 reasons to celebrate $8-a-gallon gas, since it’ll be a catalyst for change. While it’s a tad over-optimistic, it’s true that we’re all going to have to adjust in some significant ways, and sooner than we think.
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