Posts tagged grain

Food crisis

Wonderful article in the December New Internationalist about the global food crisis. As the magazine points out, we hear a lot about the financial crisis, but comparatively little about the food crisis which pushed 100 million people into situations of life-threatening malnutrition last year. What makes it worse was that at the height of the food crisis, Cargill, the world’s largest grain trader, was making $471,000 in profit every hour from its grain trading operations. Also, one of the reasons why people in poor countries were so vulnerable was the… Read More