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Prices soaring as biggest grain exporters halt foreign sales

The global food crisis intensified on Tuesday as Kazakhstan, one of the world's biggest wheat exporters, halted foreign sales and rice prices shot to a record high after Indonesia stopped its farmers from selling the grain abroad.

In another sign of turmoil, a big food company in Japan, Nihon Shokuhin Kako, said high corn prices had forced it to buy cheaper genetically modified corn for the first time, breaking a social, though
not legal, taboo and signalling that opposition to GM foods could weaken in the face of record food prices.

Meanwhile, fresh wheat export curbs in Kazakhstan, the world's fifth-largest exporter, and the rice bans in Indonesia, threaten to trigger bans in other food exporting countries, which will now face
much higher demand from importing countries.

Hussein Allidina at Morgan Stanley in New York said pressure for export bans was likely to increase elsewhere as developing countries suffering high inflation tried to combat rising local prices by cutting back on exports of agriculture commodities.

Indonesia -- which joins Vietnam, Egypt, China, Cambodia, and India in banning foreign sales -- was expected to export the grain this year due to a bumper crop. Corn futures prices in Chicago last week hit a record $6.16 a bushel, up 30 per cent in the past three months.

Indonesia's export ban boosted the price of rice futures in Chicago to a all-time high of $22.17 per 100 pounds, up 63 per cent since January. Wheat prices moved higher to $9.11 a bushel and traders
warned prices could rise further as the Kazakhstan ban together with restrictions in Russia, Ukraine, and Argentina have closed a third of the global wheat market.


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Look at history

before every great war their was a serious food shortage. Here comes Iran.

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Stop the NWO....It's just illumi..Naughty !

I read today

that Haitians were baking clay to eat.

"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."

They are turning California into foreclosed housing developments

California farmers have been selling off their land and now they are foreclosed housing developments. Farmers have been saying that we are not going to have any food in this country if we keep building houses on farm land. This country has plenty of land to grow food to feed everyone but there is no money in it. Getting our food from other countries means we will go hungry, too. Terrible waste. We have really gotten our priorities messed up.


"Trust in the Lord with all thine heart; and lean not unto thine own understanding. In all thy ways acknowledge Him, and He shall direct thy paths." Proverbs 3:5,6


The lip of truth shall be established forever: but a lying tongue is but for a moment...Lying lips are abomination to the LORD: but they that deal truly are His delight. Prov 12:19,22

Common Practice

You know it's getting bad when people stop by your front door and tuck in little adverts (like they do for maid service, lawn care, etc.) that begin,"Thinking About Walking Away?" and go on to discuss what to do about the possible foreclosure of your home.

One of these was tucked into my front door today. Seven years ago, these houses originally sold for around $140K; two years ago, they went for $430K; and now...several in our development are like fronts for a ghost town...

My local newpaper

My local newspaper was full of bad news today about soaring food prices and inflation..Another article mentioned that high prices in fertilizer were driving up food prices..

the rest of the snippets were about large companies having posted quarterly losses..

And that even Croc's were sitting on the shelves at retail stores(aw)...They gave that one it's own color picture. (sigh)

A sale on Crocs?!!!

Get outta my way people! God help you if you grab the last size 8.

Lisa C.


Ron Paul "Sign Wave Across the USA" -- November 5th!


I like crocks, good on the 'ole feet but, there only worth maybe $3. in my opinion

The DP is proof that the grassroots support for Ron Paul and his peaceful message of individual liberty is large, real, and not going away!


Minnetonka moccasins serve me well. Never will i wear a croc...I swear it.

Very cumfy

and easy to clean. Mine are pink.

Lisa C.


Ron Paul "Sign Wave Across the USA" -- November 5th!

LISA!!! NO!!!

Please tell me you didn't fall prey to the Croc sub-culture !!!

Yes I have a pair that I wear gardening.

I do not, however, wear them to the store, out to eat, or to wedding receptions.

Lisa C.


Ron Paul "Sign Wave Across the USA" -- November 5th!

Yes, WHAT is up with those

Yes, WHAT is up with those HIDEOUS monstrosities?

I picture a marketing department sitting around one day, bored, and a smartass pipes up and says "Let's make the chepaest, UGLIEST footware imaginable,and see if we can actually sell any!"

Ha ha

they're hideous I agree.
normally worn by tight ash a holes but, so comfy.

The DP is proof that the grassroots support for Ron Paul and his peaceful message of individual liberty is large, real, and not going away!

So right!

My neighbor wears white ones with blue sweatpants at the bus stop in the morning...

I shake my head and laugh when I tell him...

"Dude...You are a fashion nightmare."

He never seems to get it.