Rising food prices, climate change and global ‘unrest’

Rising food prices, climate change and global ‘unrest’

I don’t mean to put a damper on the everyone’s summer holidays, but the current heatwaves in the U.S. and Europe has me thinking back to numerous warnings issued during last summer’s major drought and “record-breaking heatwave” in the U.S.

Analysts at Rabobank, a Netherlands-based bank specialising in food and agri-business financing, were crunching the numbers and predicted at the time that food prices, specifically meat prices, would soar in 2013 as a result of the U.S. drought.

Back in 2011, the New England Complex Systems Institute (NECSI), a research body of academics from Harvard and MIT, using data from the UN Food and Agriculture Organization’s (FAO) Food Price Index, published a paper that correlated “outbreaks of unrest” in 2008 and 2011 with increases in food prices. They claimed to have identified the precise threshold for global food prices that leads to worldwide unrest: 210 points

In June, it hit 211.3…

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