History is about ready to repeat itself in a number of ways. We are seeing the basic feed grains rise on a global basis in such a way that the global poor (which I have written about in previous blogs) are having serious problems gaining access to the minimal food needs that sustain them.
Stories are beginning to populate the news about Egyptian bread riots, rice riots in the far east and india and countries pulling out of the global market in agriculture to preserve what they produce locally for local populations. Exports are being banned so that the inflated global prices don't suck out all the local supplies leaving domestic consumers with a huge and unacceptable increase in food costs.
