Wednesday, March 2, 2011

World Food Prices

"Global food prices are rising to dangerous levels and threaten tens of millions of poor people around the world," said World Bank President Robert Zoellick. About 44 million people in emerging markets have fallen into poverty because of rising food prices, according to the World Bank.
The World Bank's Global Food Price Index jumped 15% between October 2010 and the end of January.
Over the last year, global food prices have increased by 29% partially due to weather shocks such as the Russian drought and floods in China. The real culprit is just old fashioned booming demand as the growing middle class in emerging markets, like India and China, simply are eating more and better.
In China, for example, the consumer price index rose 4.9% in January from a year earlier. That's a pretty high inflation rate by itself, but it was especially disturbing to hear that food prices have jumped by 10.3% in the last year.
Many important foods were up even more: grain up by 15%; sugar by 20%; eggs by 20%; cooking oil up 22%; and fresh fruit surged 34%.
The Cairo Messenger and Commissioner Elwin Child's answer to the above is Zoning Regulations on Grady County Farmland. Do you trust any Democrat and their regulations? Zoning regulations on farmland will help you manage your farming - do you think?

Contact my email - georgebi@windstream.net - See my blog - http:www.gradycountyenquirer.blogspot.com/

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