22 November 2008

food crisis? what food crisis?

Remember the food crisis from the first half of 2008? It's evaporated, at least for the moment. U.S. farmers are struggling to figure out how to pay the bills, which are even bigger now as seed companies and fertilizer manufacturers worked hard to siphon off as much of that high-price income as they could.

Fields of grains and losses, New York Times, 20 November.