Truth to Power

No more cheap food

Biofuel Mania Ends Days Of Cheap Food

By Gwynne Dyer

07/16/07 “NZHerald” –The era of cheap food is over. The price of maize has doubled in a year, and wheat futures are at their highest in a decade. The food price index in India has risen 11 per cent in one year, and in Mexico in January there were riots after the price of corn flour – used in making the staple food of the poor, tortillas – went up fourfold.

The era of cheap food is over. The price of maize has doubled in a year, and wheat futures are at their highest in a decade. The food price index in India has risen 11 per cent in one year, and in Mexico in January there were riots after the price of corn flour – used in making the staple food of the poor, tortillas – went up fourfold.

Even in the developed countries food prices are going up, and they are not going to come down again. Cheap food lasted for only 50 years.</em>


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