Ending the global food crisis – we just need to make use of what we have

We could double our food supply just by making farming, shipping, and cooking more efficiently.

By 2075 the global population is set to hit 9.5 billion.  It is widely assumed the world will eventually run out of food. According to one UN study, we will need to increase agricultural production 70% by the middle of the century, if we’re to cater to all the expected bellies.

 

 

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How Goldman Sachs Created the Food Crisis

eat bank boooooo

The word again today is GREED.

Frederick Kaufman’s piece for Foreign Policy examines how the Goldman Sachs Commodity Index (GSCI) is responsible for the increase in food prices.

[T]he boom in new speculative opportunities in global grain, edible oil, and livestock markets has created a vicious cycle. The more the price of food commodities increases, the more money pours into the sector, and the higher prices rise. Indeed, from 2003 to 2008, the volume of index fund speculation increased by 1,900 percent. “What we are experiencing is a demand shock coming from a new category of participant in the commodities futures markets,” hedge fund Michael Masters testified before Congress in the midst of the 2008 food crisis…

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The Cost of Greed – Speculators in the Global Food Crisis

 The Cost of Greed - Speculators in the Global Food Crisis

 Profiting off of peoples hunger is a ticking time bomb

Vast amounts of money are flooding the world’s commodities markets, driving up prices of staple foods like wheat and rice. Biofuels and droughts can’t fully explain the recent food crisis — hedge funds and small investors bear some responsibility for global hunger.

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Global Food Crisis – The Fury of the Poor

Global Food Crisis - The Fury of the Poor

 Pakistani women buy subsidized flour in Lahore. The price of staple foods
and fuel has risen drastically in the country in the last few months.

Around the world, rising food prices have made basic staples like rice and corn unaffordable for many people, pushing the poor to the barricades because they can no longer get enough to eat. But the worst is yet to come.

 

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