looks because of increases in global prices for staple foods, the World Bank in many countries, the risk of violent unrest. A rough estimate is threatening to slip around 100 million people in the underdeveloped countries to "poverty", World Bank Director Robert Zoellick said at the spring meeting of the World Bank in Washington. Food prices shot to a study by the World Bank in the past three years by 83 percent worldwide, the vital wheat by as much as 181 percent higher. for inflation, it is different Reasons. One problem is that only about half the grain is eaten. The rest is to biofuel or food. It is estimated that was used last year at least 100 million tons of grain to produce biofuels. In many areas for growing raw material for fuel instead of food. In addition, more and more environmental catastrophes are cause for crop losses.
The increasing demand for meat from China also ensures that more corn lands in the trough. If millions of people eat more meat, it needs more food for fattening animals. In other words, with the same amount of maize more people could be fed, if eaten directly rather than feed would.
is another factor that depend on the prices of basic foods by the speculations on the exchange. After the collapse of trade in securitized assets, investors and financial traders have pounced on the commodity markets. The price movements of rice, wheat, soybeans and corn are reflected to the increased market manipulation and speculation.
The World Food Programme (WFP) has called on donor countries, by 1 pledge May 500 million dollars for aid programs, "said Zoellick. For half that amount already subject prior commitments, but this was not enough.
The increasing demand for meat from China also ensures that more corn lands in the trough. If millions of people eat more meat, it needs more food for fattening animals. In other words, with the same amount of maize more people could be fed, if eaten directly rather than feed would.
is another factor that depend on the prices of basic foods by the speculations on the exchange. After the collapse of trade in securitized assets, investors and financial traders have pounced on the commodity markets. The price movements of rice, wheat, soybeans and corn are reflected to the increased market manipulation and speculation.
The World Food Programme (WFP) has called on donor countries, by 1 pledge May 500 million dollars for aid programs, "said Zoellick. For half that amount already subject prior commitments, but this was not enough.
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