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September 4, 2008 11:47:44 PM CDT

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Stories related to: food prices

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Stories 21 - 40 of 63

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  • June 2008

    • Next Resource in Crisis: Water

      Yale Environment 360  |  Jun 4, 08 4:30 PM CDT

      Next Resource in Crisis: Water

      (Newser) - While economists and world leaders fret about the global food crisis, there is another emergency that is just as urgent: the shortage of water, writes British scientist Fred Pearce in Yale Environment 360. No longer is water "a cheap and unlimited resource," and with two-thirds of water extracted from nature used to irrigate crops, a scarcity could trigger terrible famines. More »

      Tags

      China  • food prices  • biofuel  • water  • water shortage  • Yellow River

    • Food vs. Fuel Battle Flares at UN Summit

      BBC  |  Jun 4, 08 10:57 AM CDT

      Food vs. Fuel Battle Flares at UN Summit

      (Newser) - The battle over biofuels is raging at the UN’s food summit in Rome, with nations bitterly divided over whether growing corn and sugar cane for ethanol production is pushing food prices up and helping create disastrous global food shortages. On one side: Food experts who call diversion of crops to fill the fuel tanks of wealthy nations immoral. On the other: the US, Brazil, and the EU, the main players on the biofuel stage. More »

      Tags

      United Nations  • food prices  • biofuel  • ethanol  • food shortage  • food aid  • food production

    • UN Chief Urges 50% Boost in Food Production

      Bloomberg  |  Jun 3, 08 7:23 AM CDT

      UN Chief Urges 50% Boost in Food Production

      (Newser) - UN chief Ban Ki-Moon today called for a 50% rise in world food production by 2030 to fight starvation and civil unrest as the population grows. He spoke at the World Food Security conference in Rome, where world leaders are working to address the highest commodity prices in decades. Such high prices have prompted global riots. “The threats are obvious to us all,” Ban said. More »

      Tags

      United Nations  • food prices  • Ban Ki-Moon  • Rome  • starvation  • food production  • world food summit

    • UN Head: Drop Policies That Up Food Prices

      Washington Post  |  Jun 2, 08 8:44 AM CDT

      UN Head: Drop Policies That Up Food Prices

      (Newser) - UN Secretary General Ban Ki-moon will plead with world leaders at a food summit in Rome tomorrow to suspend trade restrictions, agricultural taxes, and other price controls that have helped create the highest food prices in 30 years, reports the Washington Post . Ban will also urge the US and other countries to phase out subsidies for food-based biofuels, such as ethanol, which have added to the spike in food costs. More »

      Tags

      United Nations  • food  • food prices  • agriculture  • farmer  • Ban Ki-Moon  • Robert Zoellick

    • Rebate Checks Go to Gas, Food, Looming Debt

      New York Times  |  Jun 1, 08 9:44 AM CDT

      Rebate Checks Go to Gas, Food, Looming Debt

      (Newser) - Rather than the gluttonous splurge on flat-screen TVs and foreign vacations that Uncle Sam had envisioned, most Americans are plunking their rebate checks down on exorbitant gas and food costs--and their mounting debt. “The initial sense is that people are not running out the malls,” one economist told the New York Times . The sense of restraint may fail to buoy the economy as hoped. More »

      Tags

      gas prices  • recession  • food prices  • consumer spending  • debt  • economic stimulus package  • economic stimulus  • tax rebate  • spending  • stimulus response

  • May 2008

    • World Bank Offers $1.2B in Food Aid

      BBC  |  May 30, 08 6:46 AM CDT

      World Bank Offers $1.2B in Food Aid

      (Newser) - The World Bank is offering an emergency $1.2 billion in aid to several nations in a desperate bid to stave off starvation for millions of people, reports the BBC. The money is being offered to Haiti, Liberia, Djibouti, Togo, Yemen and other nations identified as at immediate risk from rising food prices. The bank will pour another $2 billion into agricultural programs next year. More »

      Tags

      United Nations  • food prices  • World Bank  • food shortage  • Robert Zoellick  • world food summit

    • Soaring Fertilizer Prices Another Cog in Food Crisis

      Wall Street Journal  |  May 27, 08 1:09 PM CDT

      Soaring Fertilizer Prices Another Cog in Food Crisis

      (Newser) - Farmers worldwide are fuming over soaring fertilizer prices, the Wall Street Journal reports. Costs are 65% higher in the US than a year ago, making it difficult for farmers to boost production in response to an international food crisis. Meanwhile, fertilizer companies have reaped big profits from a cartel-based system that can leave them exempt from antitrust laws. More »

      Tags

      food prices  • farmer  • antitrust  • fertilizer  • Byron Dorgan

    • Americans Reducing Mileage on Cars, Not Stomachs

      Reuters  |  May 21, 08 5:33 PM CDT

      Americans Reducing Mileage on Cars, Not Stomachs

      (Newser) - Many Americans are cutting back on gas due to spiking prices, but few are eating less in response to similarly soaring food costs, a poll finds. Nearly half of respondents said they were driving less, but only 8% said they were eating less. "People have more control over gasoline. They are driving less and driving smarter," pollster John Zogby tells Reuters. More »

      Tags

      gas prices  • food prices  • consumer prices

    • As World's Belly Rumbles, Gluttonous US Tosses Food

      New York Times  |  May 18, 08 11:06 AM CDT

      As World's Belly Rumbles, Gluttonous US Tosses Food

      (Newser) - Americans throw out roughly a quarter of all food available for consumption, even as grocery prices skyrocket and global riots break out over food shortages, the New York Times reports. That works out to about a pound of food every day for every American—from grocery stories tossing spoiled produce to restaurants scrapping uneaten dishes to home cooks pitching uneaten leftovers in the fridge. More »

      Tags

      food  • food prices  • donation  • food shortage  • waste  • landfill

    • Speculation Not Driving Boom in Commodities

      Wall Street Journal  |  May 8, 08 4:29 PM CDT

      Speculation Not Driving Boom in Commodities

      (Newser) - A majority of economists think the upswing in food and energy prices is due to fundamental issues of supply and demand—and not driven by speculation, a Wall Street Journal survey finds; 51% pegged demand from China and India as the chief cause of the oil boom. More »

      Tags

      China  • India  • oil price  • food prices  • investors  • oil production  • speculation  • economist

    • Food Prices May Force Cuts in Farm Subsidies

      Los Angeles Times  |  May 2, 08 2:32 PM CDT

      Food Prices May Force Cuts in Farm Subsidies

      (Newser) - Soaring food prices are putting pressure on Congress to withdraw some of the billions in  farm subsidies and ethanol incentives that have been considered politically untouchable for decades, the Los Angeles Times reports . With average farm income more than $89,000 this year—30% above the national average—the White House wants to cut off payments to farmers who earn $500,000 or more. Farm lobbyists are trying to double that. More »

      Tags

      Congress  • food prices  • biofuel  • agriculture  • ethanol  • farmer  • corn  • subsidies

    • Bush: $770M Needed For Food Aid

      Reuters  |  May 1, 08 3:40 PM CDT

      Bush: $770M Needed For Food Aid

      (Newser) - Amid rising food prices and overtaxed international reserves, President Bush proposed a new $770 million aid package today, Reuters reports. The money is part of a supplemental $70 billion measure that also includes Iraq war funding and would require a vote in Congress. More »

      Tags

      George W. Bush  • Congress  • food prices  • food shortage  • food aid  • press conference  • food supply

    • Thailand Plans OPEC-Style 'Rice Cartel'

      Bangkok Post (Thailand)  |  May 1, 08 9:54 AM CDT

      Thailand Plans OPEC-Style 'Rice Cartel'

      (Newser) - The prime minister of Thailand is exploring the idea of setting up a rice price-fixing cartel with four other governments in southeast Asia, including the military dictatorship of Burma. The Bangkok Post reports that Samak Sundaravej wants to establish an OPEC-style collective of producers that will influence the market for rice, whose rapidly rising price has resulted in protests and hunger riots. More »

      Tags

      Burma  • Myanmar  • food prices  • Thailand  • Samak Sundaravej  • rice  • rice prices

  • April 2008

    • Ethanol Guzzles 25% of US Corn; Links Food, Fuel Prices

      Washington Post  |  Apr 30, 08 2:28 PM CDT

      Ethanol Guzzles 25% of US Corn; Links Food, Fuel Prices

      (Newser) - When Congress passed its latest energy bill four months ago, the provision to boost ethanol requirements was exceedingly popular. But now, critics are lambasting that measure, and the ethanol movement in general, for linking skyrocketing food and oil prices. “We used to have a grain economy and a fuel economy,” one analyst tells the Washington Post . “Now they're beginning to fuse.” More »

      Tags

      food prices  • agriculture  • biofuel  • ethanol  • farmer  • corn  • corn shock

    • Gods Go Hungry in Food Crisis

      Washington Post  |  Apr 30, 08 1:13 PM CDT

      Gods Go Hungry in Food Crisis

      (Newser) - Skyrocketing food prices have a new victim in India: Hindu deities. Supplicants offer milk and other food at temples where they pray, but with the cost of staples soaring, many are unable even to feed themselves, the Washington Post reports. "If poor people don't even have enough for bread, how will they donate milk to the gods?" asks a priest. More »

      Tags

      India  • food prices  • hunger  • Hinduism

    • Another Key Shortage: Fertilizer

      New York Times  |  Apr 30, 08 10:02 AM CDT

      Another Key Shortage: Fertilizer

      (Newser) - One of the less touted factors behind the global food crisis is a shortage in chemical fertilizer, which has helped boost crop yields dramatically and particularly benefited the developing world. But while growing demand is unlikely to be met for many years, the environmental impact of producing and using chemical fertilizers is significant and negative, the New York Times reports. More »

      Tags

      food prices  • farming  • corn  • crops  • developing countries  • rice  • food supply  • fertilizer

    • Rice Is the New Oil

      Newsweek  |  Apr 27, 08 3:31 PM CDT

      Rice Is the New Oil

      (Newser) - Even as the burgeoning price of oil slaps consumers at the pump, a darker global market crisis looms as rising commodities prices compound the pressures of poverty worldwide. The UN has said that spiking food prices have started "a silent tsunami threatening to plunge more than 100 million people on every continent into hunger." Newsweek investigates the causes, which are both complicated and simple. More »

      Tags

      China  • United Nations  • India  • food  • food prices  • poverty  • hunger  • speculation  • rice prices  • hunger riots

    • Restaurants, Retailers Gulp as Consumers Tighten Belts

      New York Times  |  Apr 27, 08 11:46 AM CDT

      Restaurants, Retailers Gulp as Consumers Tighten Belts

      (Newser) - The rising price of staples like milk and gas, coupled with layoffs and flat-lining wages, is creating a nation of penny-pinching consumers, the New York Times reports. Industry is taking notice as buyers substitute generic brands for top-of-the-line products and skip eating out at restaurants. More »

      Tags

      US economy  • gas prices  • recession  • food prices  • consumer spending  • supermarket  • discount hotel room

    • Scientists Work on New 'Green Revolution'

      LiveScience  |  Apr 25, 08 1:00 PM CDT

      Scientists Work on New 'Green Revolution'

      (Newser) - Food scientists are plotting a new "green revolution" to solve a growing food crisis, LiveScience reports. Facing what a World Food Program official called a “silent tsunami” of world hunger, researchers are working on a sequel to the first "green revolution" of the mid-20th century, whose innovations included the fertilizers, pesticides and better irrigation that helped increase crop yields. More »

      Tags

      food prices  • biofuel  • food riots  • famine  • World hunger  • Food and Agriculture Organization  • hunger alleviation  • hunger riots

    • Restaurants Hungry for Economic Recovery

      Wall Street Journal  |  Apr 24, 08 1:04 PM CDT

      Restaurants Hungry for Economic Recovery

      (Newser) - Rising costs, tightening credit, and trimmed consumer spending are giving restaurateurs indigestion as they struggle with a slowdown the industry says is its worst in decades, reports the Wall Street Journal. A spate of bankruptcy filings and woeful earnings reports have chains slowing expansion and cutting amenities. With a minimum wage hike set for this summer, things could get worse. More »

      Tags

      food prices  • restaurant  • McDonald's  • debt  • restaurateurs

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