On Thursday (6/7/12), the Food and Agriculture Organization of the UN (FAO) released it’s indices for food prices in international trade. Most of the news coverage was upbeat because May showed the largest drop in some time. For instance, the allAfrica website had a headline, “FAO Food Price Index Drops Sharply.” It was a 4% drop; however that comes after several months where the index stayed flat and failed to show the sort of major correction that occurred after the last spike (2007-9). Even with the drop in May, the index is still nearly as high as it’s highest level in that previous spike.
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Image credit: Tiago Fioreze at Wikimedia Commons under a Creative Commons license Originally published at Plan B Updates By Lester R. Brown Some 3,000 years ago, farmers in eastern China domesticated the soybean. In 1765, the first soybeans were planted in North America. Today the soybean occupies more U.S. cropland than wheat. And in Brazil, […]
From our friends at ZapRoot: Farmers take it to the extreme to protect their crops. The Auto Alliance has jump on the green bandwagon. These Guys are Full of **it returns. Links for this week’s edition: sustainablog – Killing for Crops Gas 2.0 – Ecodriving with the AAM EcoScraps – McDonalds Green Billboard Shell and […]