Is There Anything Scientists Don’t Lie About, In Order To Hurt People?Posted: February 18, 2015
Scientists are starting out the week lying about food.
The reality is that food production is at record highs, and prices have dropped due to low fossil fuel costs.
According to the Economist Intelligence Unit’s (EIU) Global Food Security Index, which is sponsored by DuPont, all-time high production levels of corn, wheat and soybeans and falling global oil prices have resulted in improved food security outlooks for 79 of the 109 countries in the Index.
However, the full impact of cheaper oil on local consumer prices, political stability, and on the fiscal positions of oil exporters and importers will only play out in the months to come. “Supplies and stocks of the major grains are very strong, which will push global prices lower in 2015,” said Leo Abruzzese, Global Forecasting Director for The Economist Intelligence Unit. “The 60%…
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