World food prices have been unstable during this economic crisis. This affects crops and farmers, because they can't get fair market value for their produce. So, in that event, they lose out on either 1. over-production or 2. under production.
This FT reports, which echo's many other global development reports on food from the UN and WTO, primarily, “The issue of price volatility remains a crucial element for the world’s food security,” and... “There is a need for a fast increase of agricultural production in developing countries.”
Last week on this blog I said that the US farms showed a decrease in their acreage. Subsequently, cutting agri-production.
Tell tale signs indeed!
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