Japan tackling butter shortage amid higher raw milk prices, demand in Asia
Officials were hoping the shortage would subside with a planned price hike of the product by 8 percent to 10 percent beginning early May.
A Run on Rice in Asian Communities
...California rice farmers have begun planting this year’s crop of half a million acres, the high prices may prove only enough to cover their increased costs of fuel and fertilizer, industry officials say.
Bakers feeling pinch of short supplies
Rye flour stocks have been depleted in the United States, and by June or July there will be no more U.S. rye flour to purchase
Food price rise could last another two years
Products with the steepest retail price jumps were a 5-pound bag of flour, up 69 cents to $2.39; cheddar cheese, up 61 cents to $4.71 a pound; corn oil, up 58 cents to $3.01 a 32-ounce bottle; and dozen large eggs, up 55 cents to $2.16.
China Short Of Coal: 12-Day Reserve And Counting
Drivers are told not to panic buy as strike at oil refinery starts to bite
As the Forties pipeline - which supplies one third of the United Kingdom's oil and gas - began shutting down for the first time in its history yesterday, queues formed on forecourts in Scotland and northern England. Some petrol stations rationed supplies, while others were forced to close after running dry.
Gas and crude oil prices at GasBuddy.com:
Perhaps this summer will be the summer of hoarding as irrational conditions continue?
Past shortages and Malthusian predictions have been innovated out of, but what was happening is that the Population vs. Production graph was reset to expire at some other time in the future. This time climate change makes it different. In the end, nature wins. The energy shortages are being caused by the peaking of easily recoverable oil and it appears that a lot of the food shortages are rooted in an unprecedented drought in Australia.
