Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
(Have I made a convert to anarcho-cynicialism?  ;-)

From the linked article:

While [higher wheat prices] will mean higher bread prices, it could also trigger an increase in meat and dairy prices as farmers battle to pass on rising feed costs.

Who uses wheat as livestock feed?  The conversion rates are horrible, the animals have to carefully monitored to avoid bloat, and it's more expensive to purchase than feed corn (zea mays) in actual and relative pricing.

You'd have to be desperate, daft, or moronically stupid

....... er ....

Oh, yeah.  We're talking the Neo-Lib economic model: Reality Not Included.

Anyway ....

Global grain production seems to be following the projected curve (see here) and with the shift from food o to bio-fuel production we can all expect to be paying more for our three squares.  Those who don't have the money to pay more for their food (i.e., most of the planet) are expected - I guess - to starve.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Sun Aug 26th, 2007 at 01:47:24 PM EST

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