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Food Prices

27/02/2008

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There has been considerable comment recently on food prices. Reading articles on the Financial Times site I came across this multimedia feature on ‘Why are food prices rising?’. It is well worth a look and does not appear to be restricted to subscribers.

Incidentally it is a good example of how this paper extends its foot print through a good net presence. The article combines slideshow and video.

A number of the relevant factors are considered. I think it helps put some of the comment seen here in NZ into perspective and makes clear that the issue is not limited to NZ. I was astounded to find out about the huge foreseen growth in dairy in India, in the immediate future – let alone in other product areas.

This begs the question is the NZ farming industry gearing up to meet these challenges. Do our farmers have the vision and capacity to meet the challenge ?

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