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Friday, March 25, 2011

News Updates March 25, 2011

Wall Street Journal, March 25, 2011
U.N.:  North Korea Faces Critical Food Shortage
SEOUL—North Korea's government food distribution system will run dry in May and put one-quarter of the country's 24 million residents at risk of starvation, the U.N. World Food Program said in an assessment that may influence whether the U.S. and other countries provide assistance to the country



BBC, March 24, 2011
Pakistan "Crop Shortage" Warning
Lowering wheat prices would create food shortages in Pakistan and encourage smuggling, officials say, responding to criticism from the UN.
On Wednesday the UN's food relief agency said the government set prices too high and malnutrition was rising.

http://www.bbc.co.uk/news/world-south-asia-12847052


AdisorOne, March 24, 2011
World Food Shortage Risk Inspires of Crop  ETF
With the risk of global food shortages growing by the day, commodities investors in the exchange traded fund (ETF) market are looking to sink their teeth into what they see as growing agribusiness opportunities.''

Japanese Jittery Over Shortages, Food Safety
 Residents in Tokyo and other major Japanese cities scrambled to find bottled water and basic foodstuffs Thursday amid changing reports about tap water and produce tainted by radiation from the country's crippled nuclear reactors.

Nunatsaiz Online, March 24, 2011
Despite subsidies, Arctic Food Costs Poised to Rise, Oil prices, bad weather, global demand could negate Nutrition North
Officials with the North West Co. have said they expect to see prices on foods covered by Nutrition North Canada drop five to seven per cent when the program kicks in April 1.

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