Food Aid to North Korea. Following last week's diplomatic breakthrough on Korean nuclear facilites, North Korea now agrees to allow foreign aid personel freer access to the country, and a shipment of US food aid arrives. "[T]he North Korean agreement to invite an additional 50 international relief experts ... came as internal and external factors drive the country toward a major food crisis. Two consecutive years of bad harvests and rising grain prices make it harder for the impoverished North to import food, and bilateral assistance from South Korea and China, traditionally its two most generous aid providers, is dwindling.."
posted June 30, 2008 at 12:35 p.m.
Grain export restrictions contribute to high global prices. The NYTimes series "The Food Chain" focuses on this aspect of the current food price run-up. "When it comes to rice, India, Vietnam, China and 11 other countries have limited or banned exports. Fifteen countries, including Pakistan and Bolivia, have capped or halted wheat exports. More than a dozen have limited corn exports."
posted June 30, 2008 at 12:30 p.m.