Joined Nov 11, 2007
31,929 Blog Posts

World Braced for New Food Crisis

Seems as if this drought may be no joke, in terms of its effect on food prices.

“I’ve been in the business more than 30 years and this is by far and away the most serious weather issue and supply and demand problem that I have seen by a mile,” said a senior executive at a trading house. “It’s not even comparable to 2007-08.”

Read the article here.

If you enjoy the content at iBankCoin, please follow us on Twitter