Tag Archives: food prices
Food Prices on the Rise

Food Prices on the Rise

Statistics Canada released the latest inflation data this week, and the results aren’t good for anyone filling up a grocery cart.  Over the last year, grocery prices have jumped nearly 5% – much higher than the price increases for other goods.  While 5% doesn’t sound like a lot, that’s an extra $7.50 a week for [...]

Share
Read more
The Food Misery Index

The Food Misery Index

A couple of years ago, food prices became a hot button issue in international affairs.  Food riots were seen in several countries in the Global South, as those with the lowest incomes were most susceptible to substantial rises in prices of basic products such as wheat and rice. While food prices did subside somewhat since [...]

Share
Read more
How Wall Street Starved Millions and Got Away With It

How Wall Street Starved Millions and Got Away With It

High finance really intrigues me. Shocking, I know, because who wants to talk about financial instruments? Futures, swaps, derivatives, blah, and blah. While the nature of high finance is obscure, their effects on the real world are painstakingly real. This fact is demonstrated when food is traded as a commodity, like any other piece of [...]

Share
Read more