food prices

(Newser) - Rising global demand is pushing prices for grain and other crops to record heights and dramatically altering the food landscape for both farmers and consumers, the Wall Street Journal reports. Unlike ordinary price hikes, caused by crop failures, these increases—corn up 40%, soybeans 75%, wheat 70%—could last 10...

(Newser) - China's soaring inflation rate is the highest in a decade, putting pressure on the central bank to hike interest rates for the fifth time in six months to cool China's superheated economy. Food prices have jumped 18%, raising fears of public unrest., Bloomberg reports. Consumer prices rose across the board...

(Newser) - For the world's poorest people, the quantity and quality of food are increasingly at risk. Wholesale prices of  basic foods are 21% higher now than in 2005, with grain surging more than 30%. What's more, the total volume of food delivered by US-funded groups has declined 52% in the last...