Not if you're in the US. We had low (high quality) wheat harvest last year but dumped the crappy product on Mexico. The rest of the world pays the price before us, we just pay more for the quality product because we can. There's a bit of truth to both ends of this spectrum and I'll agree we are sheltered from the impact. We produce much more than we consume.
Are you starving yet?
We won't starve in the 1st world.
But a price increase in basic food for most of the rest of the poorer world will stave many many people.
Here we can handle the cost of 50% increase in food.
A person living on $1 a day won't.
Exactly my point.
Not if you're in the US. We had low (high quality) wheat harvest last year but dumped the crappy product on Mexico. The rest of the world pays the price before us, we just pay more for the quality product because we can. There's a bit of truth to both ends of this spectrum and I'll agree we are sheltered from the impact. We produce much more than we consume.