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Originally posted by guessing
I agree with them about one thing, biofuel subsidies are insane and need to stop.
Solutions envisaged by Oxfam focus on cutting out waste, especially of water, and curbing agriculture and biofuel subsidies in rich countries.
That's another valid point. The lower the reserves, the more any shock will cause wild price escalation due to shortages. So bumping the reserves closer to previous levels might not be such a bad idea.
Food reserves had been allowed to collapse to historic lows," it said.
Originally posted by Frontkjemper
reply to post by guessing
Double by 2030? A lot has already doubled or close to here in Norway. Things that used to cost 30 kroner now costs 50 kroner etc. It's going up and up and up. I know several families who are stressing out due to a limited income who have had problems buying groceries before. This isn't helping.
In poorer countries, a majority of uneaten food is lost before it has a chance to be consumed. Depending on the crop, an estimated 15 to 35 percent of food may be lost in the field. Another 10 to15 percent is discarded during processing, transport and storage, the brief states.
In richer countries, production is more efficient but waste is greater, the report says. "People toss the food they buy and all the resources used to grow, ship and produce the food along with it."
If incomes doubled over the same time, then there's no real change. That's inflation.
Originally posted by Silcone Synapse
This actually sounds about right,as a guess anyhow.
I say that because I think most food,along with other things like fuel/household bills have doubled in price since about 1990.
At least that's what it seems like in the UK
So you could say that food has actually become cheaper relative to household income even as food prices went up due to inflation, food prices just didn't rise as fast as income did.
American spending patterns have changed a lot in the last 50 years. Food expenditures used to consume nearly one-third of family income. The federal poverty guidelines were established in 1963 and used the cost of food as the basis for determining poverty thresholds. Poverty thresholds were established at three times the cost of the U.S. Department of Agriculture's economy food plan. Today food expenditures are roughly 12 percent to 14 percent of the family income.