archive for June 9th, 2007

Digest: Food prices rising globally, more beef recalls, organic ingredients debated

by @ Saturday, June 9th, 2007.

Hungry world: The U.N.’s Food and Agriculture Organization has released its June 2007 “Food and Food Outlook” forecast, showing that food expenditures worldwide will rise a record amount, mainly because of biofuels cutting into cheap feed costs. Developing countries will be affected most. To illustrate, the New York Times reports that soaring pork prices in China are as painful for Chinese as gas prices are for Americans.

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