A Run on Rice?!

(Newser) - Rising food prices have pushed the number of people going hungry to 963 million, or 14% of the world's population, says a UN report published yesterday. Though costs have dropped from historic peaks, basics still cost 28% more than in 2006. That's left 40 million more people undernourished this year, the majority living in seven developing countries, the Guardian reports. More »

(Newser) - Rich nations are buying up farmland in developing countries and drawing the ire of some critics, the Guardian reports. One UN official said the purchases, designed as a hedge against food shortages, could put poor nations at risk of starving to feed the wealthy. In "this scramble for soil I don't see any place for the small farmers," said one analyst, who added that African and Southeast Asian countries will make good money from the sales. More »

(Newser) - Israel and the Palestinians won’t likely reach a peace agreement by the 2009 deadline set at the Annapolis negotiations a year ago, the White House said today. The Bush administration began to question the feasibility of the deadline when a corruption scandal ousted PM Ehud Olmert and set the stage for a new leader to be chosen in February, AP reports. More »

(Newser) - Faced with high food prices and ebbing grain reserves, officials in the Indian state of Bihar have endorsed the consumption of rats, Reuters reports. The state government sees the strategy as a way to reduce the pest population as well as curb the demand for grain, and has even proposed that restaurants start offering the rodents. More »

(Newser) - Biofuel production has been the driving force behind the growing food crisis, pushing prices up 75%, according to a confidential World Bank report obtained by the Guardian . The most detailed research ever conducted on the issue emphatically contradicts the US position that biofuels are responsible for a mere 3% price bump. It hasn’t been published, sources say, for fear of embarrassing President Bush. More »