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Is Demand for Food Creating a Financial Frenzy over Farmland?

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Touch the Soil News #484 (feature photo cc-by-sa-2.0) In 2008, while the focus was on the unfolding real estate crisis, another crisis was simultaneously unfolding. Through price shocks on basic grains, about 100 million people (bringing the total to over 900 million) were relegated to the ranks of the hungry almost overnight. Today, with the multitude of global trade agreements in place, one thing about the future cost of food is certain – food will go to the highest bidder in the world. There were shortages of wheat in 2008 in the U.S., as higher international bidders cleaned out the nation’s stocks. The volume of investor dollars looking for farmland,…

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The Food Chain – A Landscape of Power Struggles (Part 1 of 2)

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Touch the Soil News #364 We perceive the 2016 Presidential Election to be important – because we believe whoever is President will have great power over our future. However, is it possible there are powers as strong as political power? Powers that – in addition to control over food – exert influence on the political system. Is there evidence of this power? Consider what happens when consumers want something better out of the food chain. To get change, people must employ protests, boycotts, letters and smoozing politicians – which can take years even decades to get action. The opposition to positive change is tremendously powerful. Consider how long folks have…

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