27 Sep '11, 11pm

U.S. government gives food speculators the thumbs up

Wall Street wants you to believe that the recent persistent spike in food prices is nothing more than demand outstripping supply. And there's no question that worldwide demand for food, especially grains, is up thanks to rising global meat consumption and increased biofuel production . But the evidence is piling up that it's actually financial speculators who are most to blame for rising prices. Futures markets were established originally to reduce price volatility, but, thanks to the involvment of speculators, the opposite scenario has taken place. As Tom Philpott recently explained , speculators have managed to establish a selfishly beneficial cycle where their "speculative bets...push prices into the stratosphere, drawing in yet more speculative money and new price hikes." This keeps going until poor countries are priced out of the market for food. Meanwhile, a new stud...

Full article: http://www.grist.org/food/2011-09-27-government-give-food...

Tweets

Graph: The embarrassingly paltry sums government gives renewable energy

Graph: The embarrassingly paltry sums governmen...

grist.org 26 Sep '11, 4pm

Click here for a larger version of this image. The way we distribute subsidies for energy, it doesn't seem like we're all ...

The @uclawomensgolf team earned the top spot in...

golfweek.com 27 Sep '11, 7pm

UCLA (women): The defending national champions started their year with a win at the Mason Rudolph Fall Preview. UCLA earne...

French Food Galore | HungryEpicurean | Singapor...

hungryepicurean.com 29 Sep '11, 11am

Originally a fête to celebrate the end of the grape harvest in Meursault, Burgundy – La Paulée de Singapour will take the ...

New study proving BPA is safe? Hmm. Let's check those facts again.

New study proving BPA is safe? Hmm. Let's check...

grist.org 26 Sep '11, 12pm

Though it has dropped from the headlines recently, the bisphenol A discussion continues to rage. California is one Jerry B...

The Anatomy of Food Waste

The Anatomy of Food Waste

environmentalleader.com 28 Sep '11, 2pm

Apportioning the food waste burden between consumers and businesses is a difficult task because of limited data and uncert...

Diffusion line Pierre Balmain gives us a glimps...

mymanybags.blogspot.com 29 Sep '11, 3am

Below: Pierre Balmain, diffusion line of Balmain gives us a glimpse of their debut collection for SS2012 with a new video ...

MacArthuer 'genius' Will Allen shows us the future of urban agriculture -- healthy food for all!

MacArthuer 'genius' Will Allen shows us the fut...

treehugger.com 26 Sep '11, 5pm

MacArthur Genius Will Allen Shows Us the Future of Urban Agriculture (Video) Giving Everybody Access to Healthy Food Many ...

Slow food

greenlivingtips.com 25 Sep '11, 7am

While I'm not quite ready or able to become a "slow food" devotee - in fact, I'm eating my lunch as I'm typing this and on...

[Daily Blog Reads] Food for Thought. - Saturday...

zoeraymond.com 08 Oct '11, 12pm

HELLO! Thank you for visiting! I have done up a tab "Post worth reading", in there you can find frequently asked questions...

More Mexicans struggle to afford tortillas as food speculation causes corn & other commodity crop prices to rise:

More Mexicans struggle to afford tortillas as f...

grist.org 30 Sep '11, 11am

For Mexicans, maize is not only the key ingredient of their daily staple, corn tortillas; it forms an integral part of the...

Government shutdown Part 2: Senate takes up Boehner's green-jobs-killing bill #eco

Government shutdown Part 2: Senate takes up Boe...

redgreenandblue.org 26 Sep '11, 7pm

The House passed the bill on Friday and then left town. Since the government will run out of money on September 30 unless ...