Tag: weather

An Insight on food price spikes

What causes sudden increases in commodity costs, and can we stop them in the future? Theresa Meacham introduces a Global Food Security publication.

Theresa Meacham

‘Banks making millions out of starving millions through food speculation’ was the headline in the Metro following the food price spikes back in 2012. Prior to this, the Telegraph was also asking ‘Should food be a protected commodity?’ following the 2007/08 price spike and 2010 price rises.

But how much can we blame bankers (or food commodity traders) for causing the food price spikes? And will there be more food price spikes in the future?
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From insecurity to food security

Utilising satellites as insurance loss adjusters could help to some of the poorest farmers in Africa. Michael Baron is watching.

Michael Baron

Things happen, and sometimes bad things happen, like my house catching fire.

About 4000 years ago, people invented the concept of insurance, to share risks so no one lost everything when a bad thing happened. But my house catching fire is preventable – the things that are most important to insure against are the unpreventable bad things, such as extreme weather.
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