Gas prices are not the only thing on the rise. As of yesterday, corn is at its highest level in three years at $7.60 a bushel and prices are not predicated to go down anytime soon. The United States government anticipates a shortage despite farmers’ intent to plant 5 percent more acreage of corn this year, a shortage is still predicted.
Read more on Experts Point Fingers at Ethanol for Rising Corn Prices…
The U.N.’s Food and Agriculture Organization (FAO) hosted 183 governments at a three day summit in Rome, from June 3-5. World leaders tried to find possible solutions in order to tackle the recent food crisis which has already caused hunger and civil unrest in several developing countries. Jacques Diouf Director General of FAO asked for $30 billion a year in extra financing to the United Nations needed to address world hunger threatening 862 million people.
Read more on Catholic NGOs Remain Silent on World Food Summit…
