Food Prices on the Rise

wheatseed

 

So food prices are on the rise …again! And it looks like they might continue on that path given the pessimistic outlook for wheat in the US given the dry growing conditions. In addition, the situation in Ukraine spells uncertainly for the world wheat market. As I read more about this I also discovered the interesting fact that farmers in Ukraine have apparently breached a ban on GMOs and are growing GM soy and corn in response to market demand!

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2 responses to “Food Prices on the Rise

  1. Wow, this is so sad. One more way that the world economy will worsen and life will get that much harder for working families.

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