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Site Admin  Joined: Tue Sep 15, 2009 6:09 pm Posts: 7450 Location: Northern Ontario 
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 World food prices fell in August as cooking oils, dairy declWorld food prices fell in August as cooking oils, dairy decline
World food prices dropped in August as the cost of cooking oils and dairy products fell, the Food and Agriculture Organization said. An index of 55 food commodities fell to 231.1 points in August from 231.9 points in July, the United Nation's Rome-based FAO said in a report on its website today. The gauge also dropped in July from 233.2 in June. It was at an all-time high of 237.7 in February. The cost of living is rising across the world. U.S. consumer prices advanced 0.5 percent in July as food and energy costs rose. In Uganda, where protests erupted in April over rising living expenses, July inflation was almost 19 percent, the fastest pace in 18 years on surging food prices Read more: http://www.vancouversun.com/business/Wo ... z1XVEVkD00 World food prices fell in August as cooking oils, dairy decline Vancouver Sun By Rudy Ruitenberg, Bloomberg News September 9, 2011 2:49 PM The new arms race is food and energy, says Superfund Financial, in a report that predicts coffee, sugar and cocoa prices will rise up to tenfold by 2014 because of shortages. ... I pulled this from the original front...holy carp ten fold by 2014..thats only 2 years away...prep up as fast as you can _________________ In loving memory of my son Chris April 12 1985-June 19 2007 I don’t think it’s a matter of “is it coming.” I think that it’s already here, it’s just a matter of perspective. From one perspective, our frog friends are telling us that we should be grateful that the “spa” is hot and luxurious. From the cook’s perspective… another 10 minutes and we’ll be dinner. |
| Mon Sep 12, 2011 6:10 pm |
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