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Rice Crisis in the Philippines

Apr 8th 2008Current Events & Environment & Money Watch & Philippines & World Watch

It is not just the Philippines that suffer the rising price of rice (and just about all other commodities, be these edible or not).

Asian states have shortages citing extreme weather, rise in demand for food in fast growing places, price hike due to hoarding , low stockpile and  long term lack of agricultural investment.

The Egyptians are also suffering from price hike of food.

India, with over a billion in population is likely to suffer or has already been suffering food crisis.

Australia‘s drought means no food too.

What has been happening to the cost of food across the globe?

4 Comments »

4 Responses to “Rice Crisis in the Philippines”

  1. Rach (Heart of Rachel) on 11 Apr 2008 at 12:55 am 1

    Hi Julie. I bought a sack of rice at the supermarket that day you texted me. I was surprised how much rice has escalated over the past few weeks.

  2. greenbucks on 14 Apr 2008 at 11:46 pm 2

    Rachel, I have yet to see the lines by people buying the NFA rice. In the supermarkets, there is no hype about the buying of rice. Maybe because the people who go there have money to spend so they are not panicking. I’m not sure.

    I just hope there would be a solution to this, a long-term one, so we wouldn’t end up like in Haiti.

    Sigh.

  3. monaco on 18 Apr 2008 at 3:31 pm 3

    The rice shortage is alarming. Experts have been warning us about his for years: global warming will cause changing weather patterns which will yield low harvests+population explosion = food shortage.

  4. greenbucks on 22 Apr 2008 at 10:38 pm 4

    To think that just last week, the PopCom just gave the recent population figures, kagulat. There are so many of us here but very few food supplies. Why? No more open fields/farms, just subdivisions and malls in what used to be farmlands.

    Kakalungkot. Kakagigil. Grrrr…

    Thanks, Monaco, my apologies, haven’t been able to bloghop these days, very busy, zzz. I hope you can come back again to this other home. Btw, you might want to check out some contests for bloggers here ->

    http://teacherjulie.com/2008/04/22/want-to-win-a-trip-to-the-usa/