Rising food prices are going to be a global catastrophe and few are working to stop it


Source: forexlive.com forexlive.com

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I feel almost a compulsion to scream from the rooftops that we're barrelling towards the starvation of millions of people, or a series of developing world tragedies sparked by food and energy scarcity. Planting season is about to start in the northern hemisphere and CRU today reported that its fertilizer index hit an all-time high. The notes that nitrogen broke its record weeks ago, potash more recently and that they think phosphate will do so in the coming next, with further gains to come for all of them. Demand destruction is starting as farmers reel from sticker shock. Brazil now...