Saturday, January 15, 2011

Global food chain stretched to the limit - Business - Consumer news - Food Inc. - msnbc.com

Global food chain stretched to the limit - Business - Consumer news - Food Inc. - msnbc.com: "Strained by rising demand and battered by bad weather, the global food supply chain is stretched to the limit, sending prices soaring and sparking concerns about a repeat of food riots last seen three years ago.

Signs of the strain can be found from Australia to Argentina, Canada to Russia.

'We are entering a danger territory,' Abdolreza Abbassian, chief economist at the U.N.'s Food and Agriculture Organization (FAO), said last week.

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