Martin Wolf on Financial Times analyzes current food crisis using supply and demand. The major demand increase comes from corn use for ethanol production in the US, not from China or developing countries. According to Martin, the global supply of food faces serious constraint in coming years. He did not mention anything about the falling dollar.
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Thursday, May 01, 2008
Food crisis: a supply and demand story
2008-05-01T07:37:00-04:00
Paul Deng
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