Comments on Fund My Mutual Fund: This Day in Food Crisis - Rising Rice Prices Spark...

ok, you're right.. its more of subsidy sleight of...

2008-03-28T12:52:00.000-04:00

ok, you're right.. its more of subsidy sleight of hand.

http://tinyurl.com/2hcfwh

neat function - that tinyurl.com

Jeff you are right about over the barrel of wheatw...

2008-03-28T12:44:00.000-04:00

Jeff you are right about over the barrel of wheat
we have ag and coal

Basically it is us and russia and some of the USSR satellites that have the vast majority of the best crop growing regions.

can you go to tinyurl.com and copy your link into it and create a new url and then repost it. Anything longer than the width of the blog page doesnt work.

Do we really have money to subsidize anything? We are going bankrupt... or technically are.

Increasing subsidies will increase food supply. T...

2008-03-28T12:10:00.000-04:00

Increasing subsidies will increase food supply. The real problem is that the growing middle class is eating all the new production, and digging into the food sources of the third world countries. And the majority of the third world countries are growing in population, and not producing enough to be self sustained. (Alot like the US and oil)

But as amazing as this sounds, while the world has the US over the barrel of oil, the US has the world over a bussell of wheat. It is perhaps the greatest bargaining chip we've had, since the industrial revolution. With a relatively low population per size of productive land, US/Canada is the OPEC of food.

Mark, I know you love these articles:

http://www.macleans.ca/article.jsp?content=20080227_59852_59852&source=srch&page=1

This one is from my neighbourhood.. a canadian publication. We dont really notice food inflation with our dollar, but we do enjoy the cheaper ipods.

Just wait until we get to 9 billion mouths to feed...

2008-03-28T12:01:00.000-04:00

Just wait until we get to 9 billion mouths to feed. Gonna make this era look quiet and gentle :)
But hey the hedge funds deleveraged so the great commodities boom is over ! So CNBC told me.

No, I dont think reducing farm subsidies will increase food supply, just save me on some taxes. Or at least they can blow it on the Butterfly museum or a bridge to nowhere instead.

We need to convert more land to farming, and get those yields up worldwide - pronto. And use more fertilizer ;)

$$Stories like this sort of makes our farm subsidi...

2008-03-28T11:45:00.000-04:00

$$Stories like this sort of makes our farm subsidies look even more outrageous$$

Repealing farm crop subsidies will not increase food supply. What they need to trash are biofuel subsidies.

Cant say I feel any sympathy for the Philippines. Cramming 100 million people on a few tiny islands - this place is an Easter Island in the making.