Cereal prices hit poor countries


	Cereal prices hit poor countries

monizle

4-26-2008 7:04 PM

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4-27-2008 1:44 AM

masbury

Along with sales of subsidized crops from the US, which have undercut and destroyed farm economies in many agricultural nations - especially if the IMF or the World Bank is involved, who force nations to drop their trade protections and accept US products.

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					Cereal prices hit poor countries
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				<IMG width="203" vspace="0" hspace="0" height="152" border="0" alt="Wheat" src="http://newsimg.bbc.co.uk/media/images/44171000/jpg/_44171004_wheat.203.jpg" />
				<DIV class="cap">Wheat prices have risen 83% in the past year</DIV>
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			</TD></TR></TBODY></TABLE><B>The rising price of cereals such as  wheat and maize is a "major global concern", the United Nations' Food and Agriculture Organization (FAO) says. </B>
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<FONT size="2">Poor countries could see their cereal import bill rise by more than a third. Africa as a whole is expected to see an estimated 49% increase this year.
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<FONT size="2">International wheat prices have risen 83% in the past 12 months.  
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<FONT size="2">Demand from emerging countries such as  China, and droughts and flooding have pushed cereal prices to record highs</FONT></P></TD></TR></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/9C153860-F2DC-479F-BE8B-CE29E52C8219/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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