Minnesota Farmer


Say cheese
July 15, 2011, 8:19 am
Filed under: Farm, food, hunger, Politicians, Politics | Tags: , , , , ,
News from Bloomberg Press -- "Asia’s growing appetite for pizza 
and cheeseburgers means the U.S. is exporting the most cheese 
ever, boosting costs for Kraft Foods Inc. Wholesale cheddar 
cheese prices have rallied 49 percent this year as the U.S. 
shipped more than twice as much to Asia in the first four 
months of 2011 as a year earlier."

The growing prosperity of Asia is drawing processed foods, 
especially proteins, out of U.S. markets.  I expect food 
prices to increase as world wide demand increases.  The rest 
of the world wants to eat like we do, and as they are 
increasingly competing with the developed countries for protein, 
you can expect world food prices to increase.
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