A picture of the name nicholas house and co.

The Vulnerability of Our Food System

Steel grain silos in Ralls, Texas

It was reported yesterday by the United Nations that worldwide food prices once again increased to a record level.  An index of 55 food commodities rose 2.2% in February and since 2000 has increased 130.1% in real terms.  Pundits of the Middle East and North African country social uprisings suggest some of the fuel for unrest came from rising food prices and the financial toll this is having on households.  Recall in 2007 and the early part of 2008 the dramatic increases in world food prices that created great social unrest in the low-income, food deficit countries.  Food riots were reported across Haiti, Bangladesh, Egypt and many other regions of the world.

Today in America we greatly take for granted our industrial food system and as consumers assume we will always have enough food at reasonable prices.  This  sense of security has been instilled in us for decades because of the long term price stability and abundant availability of food sources.  American food policies and resulting agricultural subsidies have not changed since the Nixon administration when federal policies were enacted to promote maximum production of our basic commodity crops (corn, soybeans, wheat and rice).  As a result, it was a long time ago when “beans were in the teens.”

….Continue Reading

Recent Posts

Challenges for Multi-Family Housing

March 25, 2024

Slowing Down the Business News Cycle

March 18, 2024

The Madness of Crowds

March 11, 2024

A Bad Habit Which Refuses to Die

March 4, 2024

Two Weeks in Japan

February 26, 2024

Noisy Fallacies

February 19, 2024

Super Fun

February 12, 2024

Planning Updates for 2024

February 5, 2024

Categories