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Old 05-14-2008, 11:43 PM   #61 (permalink)
WalkingDead
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Re: Solution for Humanity!!!

More political reasons behind the raising food price.

World Bank `Destroyed Basic Grains' in Honduras

Bloomberg.com: Special Report
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Old 05-15-2008, 04:03 AM   #62 (permalink)
WalkingDead
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Re: Solution for Humanity!!!

Turn paradise into hell for the sake of international trade.


U.S. Rice Lobby Backs Japanese Plan to Export Rice


“Tom Slayton, a former U.S. agricultural attaché to Thailand and now an analyst, said the release of stocks from Japan could have a significant effect on prices.

``Firstly, it could help prick the bubble in the market and bring prices down,'' he said. ``Secondly, the longer the bubble goes on the more tempting it is for countries to turn away from international trade and build up their own stocks and supplies which would be very damaging in the longer term.''

Earlier today, the benchmark price for rice exported from Thailand, the world's biggest supplier, breached $1,000 a metric ton for the first time as importers rushed to secure supplies. On the Chicago Board of Trade, rice for July delivery fell 0.75 cent today, or 3.4 percent, to 21.49 cents a pound.”



Bloomberg.com: Japan
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