food crisis

Yes, it affected our daily life... the high rocketing price of today's commodities is such a pain on us... but, we deal with it through proper budgeting. list the important thing and necessity and try to avoid others that are not important...

As a matter of fact,even in China which makes the second largest output of agicultural products is suffering the shortage of food supply and the rising price.

One of the main ways I've dealt with this is to buy products available in multiple-serving packages instead of single-serving packages. Overall, they cost less per serving. The cost of fuel is mainly responsible for the higher food prices since it now costs more to ship the food and to operate the farming machinery. Some countries which produce staple foods are also charging more to make up for the fuel costs. Fuel costs are predicted to level off and possibly go down again sometime in mid-2009, so hopefully that will help ease the strain on consumers.

I am surprised that China isn't affected, as it seems that everyone else is. I know that here in the U.S., food prices have risen dramatically over the last year. I buy a lot of generic/store brands now, but am finding that they now cost what the name brands used to cost. I think now the stores are taking advantage of the situation, frankly. For example, they have signs saying that the high price of dairy products is because of the high price of corn. But, when they raised the price of milk, they raised the price of the soy milk sitting next to it...why? Because they can! I've switched to powdered milk, but it is just a matter of time before stores catch on and price-gouge that too.