Is there a Global food crisis today?

By Nic
@academic2 (7009)
Uganda
April 8, 2008 9:11am CST
I went to my local market and found the prices of common food items up by about 40% i just one month and these peices are continuing to rise against static incomes in our pockets-is this a global trend or is it a Ugandan problem strictly!! Let me know what is happenning in your countries mylotters!
1 person likes this
5 responses
@williamjisir (22900)
• China
8 Apr 08
Hello dear academic friend. It is the same here in China that everything is on the rise. What used to be cheap is now no longer cheap, but more expensive. It is almost the same to any food today. So I have to say that you are not alone there in your country, friend. I am wondering when the price for everything will come back to its normal state, as I expect.
@academic2 (7009)
• Uganda
23 Apr 08
Funny here in Uganda Sir William, when prices go up, they dont ever come down again so we are in for it!
1 person likes this
• China
23 Apr 08
Hello dear academic friend. Thank you for the best response. Yeah, it is hard for the price to come down again when it is up. I wonder why. It is the same here in most cases. Yet, I am still looking forward to its coming down to the previous price that we can afford. Let's hope for the best, dear academic friend. Thanks again and I have to say good night to me and good day to you.
• United States
8 Apr 08
This is a world wide problem, though in some countries it is much worse than in others. Here in the USA the food inflation is much less than in your country, but getting worse. Here the problem is more like 10 to 15 % per year, not per month. However, the government will tell you I'm wrong. The solution is to have the government not interfer with farmers and allow free trade in food. When farmers know they can charge what they want without being regulated by the government, or taxed highly on their profits a funny thing happens very quickly. Lot's of people decide it is smart to be a farmer and shortly there is lots of food. As more and more people become farmers the supply of food increases while the price goes down. That is, until the government again decides to regulate and tax the farmers in an onerous manner again. Human beings are smart and productive. It is the parasites of government extracting too much from the workers and interfering that causes the shortages of all kinds.
@academic2 (7009)
• Uganda
23 Apr 08
I agree with you on the parasitic nature of governments-here in my country, taxes are being increased daily and we think Uganda is the most harshly taxed country south of sahara! Only yesterday parliament endorsed two taxes almost at once, the local service tax on anybody engaged in farming and business or civil services-shortly there was the road tax, these came ontop of the many we already have-we are going to pay taxes hrough coercion but remain starving with our children in our houses!
@redrover (597)
• United States
8 Apr 08
Apparently there is. I had not heard about it until recently when I started getting my news from alternative sources. We haven't felt it yet here in the states, but fear it's gonna hit us soon. I hope your prices fall soon.
@academic2 (7009)
• Uganda
23 Apr 08
Thanks for your kind hopes fo my country redover-unfortunately we have very unscrupulous traders who enjoy taking advantage of consumers here-so they are blowing the crisis beyond proportion
@stephcjh (32327)
• United States
8 Jun 08
I think it is going on all over the world. the prices of everything has skyrocketed. I know that the price of food in America has definitely risen. I have also heard that rice has skyrocketed also. Chicken went way up also since the feed for them went up. I think there is a crisi with alot of things these days and it is only getting worse for all of us. Lord help us.
• Pakistan
27 Apr 08
in my country "pakistan" everything is related to petroleum prices and now in global market the crude oil price have reached 116 $ a barrel therefore every thing is getting expensive, i think the food prices in complete world is getting higher coz the production is less then the consumption, the basic rule of supply and demand.