Source: The Intel Hub
We have worked extensively to document rising food prices and possible coming food shortages. Now the Food and Agriculture Organization of 55 food commodities has recorded that global food prices hit an all time record in December.
Figures recently released by the Food and Agriculture Organization (FAO) index of 55 food commodities indicates that worldwide food prices hit a record high in December. Though the costs of some food commodities like rice, corn and soy actually decreased, oil seeds and sugar jumped significantly due to various factors including erratic weather and droughts, according to reports.
In the past, such ups and downs on the commodity market did not immediately affect actual food costs for consumers, but some experts say that this is no longer the case, and that “food inflation” will occur right alongside the commodity price gains. And rapid food inflation has already taken place in India, for example, with recent reports indicating that the country experienced an overall food inflation rate of 18 percent in 2010.
Food Inflation is very real yet certain Congressman are working to disarm the American people which will potentially kill thousands of citizens who would be unable to protect them selves during food riots or a martial law type scenario.
Philippe Chalmin, an economic adviser to the French government has warned of coming food riots as early as April. Freezing temps in Europe and droughts in Argentina has lead to speculation that grain prices are set to skyrocket.
Crop damage caused by flooding in Australia and drought in Argentina is likely to boost grain prices in coming months, Chalmin, an economics professor at the University of Paris- Dauphine, said in an interview in the French capital today.
“I’m very concerned,” Chalmin said. “Around Easter we could start to see food riots.” World food prices advanced to a record in December, partly driven by higher sugar prices, the United Nation’s Food and Agricultural Organization reported yesterday. The FAO’s cereal index rose to the highest level since August 2008, remaining about 37 points below the record level in April that year.
The world may face social unrest including food riots in April as grain prices increase, said Philippe Chalmin, an economic adviser to the French government.
Is this fear-based reporting, or are we really looking at social unrest and/or martial law due to rising food prices worldwide?
With globalists such as World Bank President Robert Zoellick pushing for more so called “global stability” in the food market, it is clear that this is a REAL food crisis CREATED by the very people who will eventually pose the solution.
The cause of such alarm? On Wednesday, the Food and Agriculture Organisation (FAO) reported that global food prices had hit a record high and were likely to go on rising, entering what Abdolreza Abbassian, its senior grains economist, called “danger territory”.
Robert Zoellick, president of the World Bank, warns that the rising prices are “a threat to global growth and social stability”, and Nicolas Sarkozy has identified them as a priority for the G20, which he chairs this year.
That is bad enough for Britain, adding to the inflationary pressures from the soaring cost of oil and other commodities, not to mention the VAT increase. But for the world’s poor, who have to spend 80 per cent of their income on food, it could be catastrophic.
At this point it would be insane to not stock up on food as it is very evident that this globalist imposed food crisis is on the horizon.
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