Wednesday, June 4, 2008

Inside the Food Crisis

The United Nations says that high food prices are here to stay for at least the next 10 years.Extreme weather,speculators,oil prices and crops set aside for biofuels are all to blame.About 800 million people spend half their income on food.They must drop meals,making tough choices.Bread is being bought by the slice.Monsanto(MON) thinks its research will double crop yields in 10 years.Outside Europe,there is a growing consensus that Genetically-Modified plants will be used to feed the world.Even within Europe,G-M products,such as animal feed,are already in use.

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