Lingering at my sister Lisa’s dining room table this evening after dinner, my eye drifted to this casserole on a shelf opposite. My memories of childhood are vague, and I often depend on Lisa for the sort of specifics I can’t quite grab hold of. But neither of us could remember the casserole’s story, other [...]
So what if we pump California’s Central Valley aquifers to empty? On The Public Record twiddles on the back of an envelope: Before this report, my rough feel was that about one million acres of irrigated lands in CA are supported by unsustainable groundwater withdrawals. If overdraft is 10 MAF/year in the Central Valley, it [...]
The bemused Brits at the Economist paid Pat Mulroy a visit: The main reason why Lake Mead, currently only 40% full, has been getting emptier is a decade-long drought. Whether this is a cyclical and normal event, or an early sign of climate change, is unclear. But even if the drought ends, most scientists think [...]
Global food prices are down 6 percent from one month ago, 34 percent from a year ago, according to the Economist’s food price index.
The global price of food is down 27 percent from a year ago, says the Economist. I’d link, but I’m typing this on my iPod.
Has the global food price slide finally stopped? The Economist food price index is up 10 percent over last week.
Has the global food price hit bottom? The Economist food price index is up from last week, and 0.6 percent above the price a month ago.
Yes, as I have noted many times, food is getting a lot cheaper. But the other downsides to the current economic mess are likely to overwhelm any short term benefits for the hungry in the world’s poor parts, according to an analysis by Joachim von Braun of the International Food Policy Research Institute, published in [...]
I guess all of us eat, right? So the continued slide in the global price of food is a good thing, right? Economists have a model they call the “cobweb model“. It basicaly says that when the price drops, farmers plant less, there’s less food, and the price goes back up. So maybe not such [...]
FAO thinks we should not be sanguine about falling global food prices: [T]he gradual return to equilibrium in food markets should not be taken to assume that the world’s food problems have been fixed, neither in the short-run nor with a view to the longer-term challenges. Cereal stocks still need to be replenished and lower [...]keep looking »