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Saturday, July 2, 2011

Article warns "No Food at Any Price"

Here are the first and the fourth paragraphs in the article:

"The global agriculture supply situation has worsened and a failure to boost food production fast enough to meet demand may lead to shortages, said investor Jim Rogers, chairman of Rogers Holdings."

"Monthly food prices tracked by the FAO have surged nine times in the past 11 months and last month stayed near a record reached in February, as global demand for corn and wheat outstripped production and drought and flooding ravaged harvests. "

Read more: Jim Rogers: Boost Crop Production or ‘No Food at Any Price’ 

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