Word: wheats
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Dates: during 2000-2009
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...That's a question millions of Asians are asking. Across the region, the price of food, from wheat to pork, is increasing at dizzying rates. But it is rice, the foundation of Asia's diet and a potent symbol of its cultures, that is causing the most anxiety. In Thailand, Vietnam, Bangladesh, India, Pakistan and elsewhere, the price of rice has doubled in the past year, a hike that hurts all the more because Asian families often spend half of their weekly budget on food, more than double what Western households spend. In an effort to contain spiraling domestic prices...
Pasta up 14% ITALY Wheat shortages have led to pasta protests and turned spaghetti into a political issue in Italy ahead of its election...
Bread up 10% AUSTRALIA A six-year drought has taken a toll on what is normally one of the world's largest wheat producers...
...farmer. Buoyed by rising demand for biofuels and the growth of the middle class in developing nations like China and India, corn prices have risen to $5.53 per bushel, an increase of more than 100 percent over 2006 levels. These gains, along with similar surges in the prices of wheat and rice, are poised to spur American agriculture to a record $92.3 billion in revenue this year. To top it all off, American farmers are still receiving $13 billion every year in subsidies from the federal government.If that seems strange to you, then you’re not alone...
...poorer countries, the same price hike has left low-income families struggling to maintain a minimal diet. Egypt, which subsidizes bread prices for its poorest citizens, had to shell out an extra $850 million on wheat last year, and the UN blames rising food prices for difficulty in meeting many of its Millennium Development goals in Sub-Saharan Africa...