Rice reality hits home as I perused the lunch bill at Sri Nam. £40 for three people... hmmm... fair... errr.... £2.75 for my bowl of PLAIN WHITE RICE. Is there a better way to slaughter me?!?!?!
Rice Approaches Record; WFP Warns of `Silent Famine'
April 21 (Bloomberg) -- Rice futures rose to within 0.2 percent of a record on speculation that more exporters in Asia may curb shipments to safeguard supplies and contain inflation, potentially exacerbating a global food crisis.
The staple for half the world, which has more than doubled in a year, gained as much as 2.3 percent to $24.615 per 100 pounds on the Chicago Board of Trade. The contract, trading at $24.215 at midday in London, touched a high of $24.67 April 18.
A World Food Program official said today the surge in prices may put basic foods beyond the reach of the poorest, raising the risk of a ``silent famine'' in Asia. Countries including Haiti and Egypt have been hit by social unrest over food prices. Wheat, corn, soybeans and oil have also risen to records this year.
For more, click here.
Time to eat grass.
Monday, April 21, 2008
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