Protein^®

A fast-unfolding food shortage is engulfing the entire world, driving food prices to record highs. (Check out the full report or podcast.) Over the past 50 years grain prices have occasionally spiked due to weather-related events -- such as the 1972 Soviet crop failure that led to a doubling of world wheat, rice, and corn prices. The situation today is entirely different, however. The current doubling of grain prices is trend-driven, the cumulative effect of some trends that are accelerating growth in demand and other trends that are slowing the growth in supply....