This story is archived

The Next Crisis Will Be Over Food »

Posted by: Neophile 1 year, 10 months ago
Archived 64 0 drops

what is really catching the attention of Goldman Sachs now is the outlook for agricultural prices. Or as Jeff Currie, head of commodities research at the US bank, says with disarming cheer: "We think we could go into crisis mode in many commodities sectors in the next 12 to 18 months... and I would argue that agriculture is key here."

Read Full Story at ft.com »
Submitted By:
Neophile

I'm a Propeller Scout so if you have any questions or concerns, send me a message and I'll be happy to help.

This Story is Archived and Commenting is Closed

Comments: 7
  • Avg rating: (+0/-0 0)eugenegerard
    eugenegerard
    Feb. 17, 2008, 7:15 p.m.

    This is a crisis the West doesn't want discussed. I've been reading alternate news sources documenting rice shortages throughout the third world. They are being caused by climate change.

    There are problems with food production in the West that don't get news coverage.

    • Avg rating: (+0/-0 0)1-2-Oscar
      1-2-Oscar
      Feb. 17, 2008, 10:45 p.m.

      Well, boys, you've got the word. Buy Cargill and Archer-Daniels-Midland now.

      • Avg rating: (+0/-0 0)KYRed
        KYRed
        Feb. 18, 2008, 3:20 a.m.

        Food or water? Which will be the next crisis. You can live longer without food than water. It will be water that is most important.

        • Avg rating: (+0/-0 0)getreal1
          getreal1
          Feb. 18, 2008, 3:32 a.m.

          We have already hit a crisis over here. Plant a backyard garden and hope for some honey bees.

          • Avg rating: (+0/-0 0)simonsez
            simonsez
            Feb. 18, 2008, 10:16 a.m.

            We Americans love to worry, don't we. Day after day worrying about food, fuel, gas, water, weather, climate, health-care, too fat, drug companies, even century old conspiracies to enslave us.

            We worry about the dollar, the stock market, the mortgage.

            All of these crisis we supposedly "live through" are in our head and actually never physically happen to us.

            "The pampered west". What a line ... as though we haven't earned what we have.

            • Avg rating: (+0/-0 0)getreal1
              getreal1
              Feb. 19, 2008, 2:43 p.m.

              Earning don't have a thing to do with this. You have better hope there is some food for you to spend some money on.

              • Avg rating: (+0/-0 0)Wamolrat
                Wamolrat
                June 15, 2008, 11:45 p.m.

                thanks for share.

                All 7 comments are shown.

                Submit a Story

                Advertisement