As the Era of Cheap Food Draws to a Close, Where Will Prices Go?
Posted on April 18, 2012 at 11:30 AM EDT
If there is anything world food experts agree on it is that the era of cheap food is drawing to a close as surely as the era of cheap energy has. This conclusion was shared at a recent seminar I attended by fertilizer manufacturers such as CF Industries (CF) the still-intact Kraft Foods (KFT) and assorted academics supranational institutions and non-governmental organizations. As an aside I have attended such confabs on and off for almost forty years and 1) I never heard anyone predict the actual bounty produced worldwide in recent decades and 2) I never have had bad ...
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