Food prices rising all over the world
I just saw this headline from the local newspaper. Tsk.. Tsk.. Tsk.. It’s already hard enough trying to earn a decent living in this world, and now this.
“The Washington Post reported on Saturday that the price of wheat futures reached a record US$9 (RM31.30) a bushel on the Chicago Board of Trade on Wednesday.
This has resulted in the increase of staple foods such as bread and pasta.
This week, European wheat prices surged to a record high, with futures contracts doubling since April.”
There goes macaroni & spagetthi…. 
“Tim Lang, professor of food policy at City University in London, said the era of cheap food was ending and its consequences would be dramatic for the developing countries and for the poor in Britain.
He believes prices will rise globally for decades because of four factors: population increase, water shortages, increased biofuel production and climate change…”
Geez… When was the so-called era of cheap food?? I must’ve missed it.
