8 O'Clock Buzz

Who controls food shortages?


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It’s a Wild, Wild West — when it comes to controlling food prices, according to Rebecca Wolf, Food Policy Analyst at Food and Water Watch. A relatively small number of large agribusinesses control the prices farmers get and the prices consumers pay for food, with little control. The government HAD a mechanism to store grains in years of excess — the U. S. Strategic Grain reserve, and release it to the public in lean production years, thus managing the prices farmers get for their product and the prices consumers pay. But no longer.
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8 O'Clock BuzzBy Brian Standing, Haywood Simmons & Michelle Naff, Jan Miyasaki, Tony Castaneda, & Jonathan Zarov

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