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Precarious Global Food Situation: How Did We Get Here?
¥Past food price spikes were event-driven, typically resolved with next harvest
¥Now we face long-term trends that:
¥increase food demand
¥limit food production
World Grain Production and Consumption, 1960-2010
We are only one poor harvest away from chaos in world grain markets.
Photo Credit: iStockPhoto / Tobias Helbig