Is a New Food Crisis Brewing?
The international media jumped at the lower output forecasts for US maize and soybeans and wheat from Russia in 2012/13 as evidence that a food crisis is almost certainly on the way. But a range of economists and food experts also warne against overreaction that could create panic, causing governments to apply export controls that would restrict supplies of grains. This would affect markets and push prices still higher, they say.







