Wary of Unrest, Countries Hoard Food Staples

With food prices on the rise, developing countries are stockpiling staples like wheat and rice in an attempt to stave off social unrest and panic buying—driving prices yet higher. Wheat hit a two-and-a-half-year high yesterday, after Algeria bought 800,000 tons of it and Saudi Arabia announced it was…

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Wary of Unrest, Countries Hoard Food Staples

Posted by on January 28, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry