To me, food shortage (and price volatility due to this) was going to intensify because of four factors:
- climatic change (more severe weather with failed harvests as a result);
- biofuels (using increasing portions of farming land);
- rising middle class in emerging markets (with rising demand for some 'upscale' food products);
- the rising world population (going to 9 billion soon).
As this presentation shows, I should add water shortage to the list... But what it also shows is that this doesn't have to lead to a dramatic outcome. Better -more rational- water management should not even be so hard to develop; ensuring food for 9 billion people is a challenge, but not unfeasible to respond to...
Well worth having a look:
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