Want to make money right now? Check out our ten top ways to make money...
- Jasmine: At the @ noble aisle launch. Here's Alice's wonderful bath flower arrangement. Fab huh? http://t.co/hktiHkXs (24th May 2012 - 23:49)
- Jasmine: @lilaitch thank you! (24th May 2012 - 20:48)
- Jasmine: Just seen Gerry Anderson on stage. Thunderbirds are go! #britishinspiration (24th May 2012 - 20:46)
- Jasmine: At the British inspiration awards. Marvellous opener from the Irish guards (24th May 2012 - 19:22)
- Moneymagpie: Afternoon Moneymagpies, enter our fantastic competition to win a £500 gift card to spend in Primark. Get a new... http://t.co/xY9RJt3t (24th May 2012 - 14:07)
- Jasmine: consumers pay over £9 billion a year in fees and lost interest on their current accounts a/c Which? (24th May 2012 - 10:27)
- Moneymagpie: Good morning Moneymagpies! We know how keen you all are to pull in a bit of extra cash, so we've been coming up... http://t.co/uBIx1X0W (24th May 2012 - 08:37)
- Moneymagpie: Fancy a cheap weekend away?: I can’t believe the prices of holidays this summer. What with the Olympics, the Jub... http://t.co/asHubKep (24th May 2012 - 08:30)
- Jasmine: Good idea of Consumer Focus promote Credit Unions through Post Offices. We need to use Credit Unions a LOT more http://t.co/Hl2Vl7Os (24th May 2012 - 07:01)
- Moneymagpie: Did you see Jasmine Birtles on Sky News this morning? We will let you know next time she's on the box! (23rd May 2012 - 14:05)
- Jasmine: @mokbeehive Oh well, thanks for trying! Hope all good with you :) (23rd May 2012 - 14:04)
- Jasmine: @RetirementAngel Sure tweet the link (23rd May 2012 - 13:58)
- Jasmine: @TiraLondon Yes there should be a law against it! (23rd May 2012 - 12:42)
- Jasmine: Lots of people having shouting arguments on mobiles outside my window today. Lighten up! This is not the weather for shouting! (23rd May 2012 - 10:53)
- Jasmine: @EamonnHolmes :) X (23rd May 2012 - 09:48)
- Jasmine: @EamonnHolmes and you are uniquely the one and only EamonnHolmes :)) (23rd May 2012 - 09:43)
- Jasmine: @DronfieldShell :) (23rd May 2012 - 09:42)
- Jasmine: Good fun on the Sky sofa this morning with@DelaneyMan @SkyCharlotte @EamonnHolmes :) (23rd May 2012 - 08:42)
- Jasmine: @Ghostof1724 Thank you! (23rd May 2012 - 08:40)
- Jasmine: @thegriffter Thank you! (23rd May 2012 - 08:40)
- Moneymagpie: Good morning Moneymagpies! Picture your telly. Is it balanced on table or have you got it secured? It might not... http://t.co/Ih4NHMx9 (23rd May 2012 - 08:01)
- Jasmine: RT @money2themasses: A map of Europe highlighting who is & isn't in recession - http://t.co/LzlGL9VN (23rd May 2012 - 07:54)
- Jasmine: Doing the papers on sky news in a mo (23rd May 2012 - 05:28)
- Jasmine: More people now own shares than belong to trades unions #greshamlecture (22nd May 2012 - 17:56)
- Jasmine: RT @mrchrisaddison: Just One Book #librarypop #coalitionremix (22nd May 2012 - 16:09)
- Moneymagpie: Today's newsletter's got a fantastic holiday discount, a FREE money magazine and abrand new online survey site for... http://t.co/x2litxMA (22nd May 2012 - 13:34)
- Moneymagpie: Banks need to lend or the economy will cease up: So far I haven’t been one to complain about the banks not lendi... http://t.co/nto2CDQG (22nd May 2012 - 10:22)
- Moneymagpie: Good morning magpies! Today's money maker is all about how you can make money by answering the phone. Find out... http://t.co/qK9HYjej (22nd May 2012 - 08:13)
- Moneymagpie: You’ll never buy salad again…: …or spinach, or chard, after you’ve read this. I’ve been on a guided foraging wal... http://t.co/XRQaaMrR (21st May 2012 - 23:25)
- Moneymagpie: Confused about Cash Isas? You don't have to be. Here's Jasmine's video explaining them... http://t.co/RTJzdrsS (21st May 2012 - 14:21)
- Moneymagpie: Payday loans used for food: Over 60% of people who took out payday loans were using the money to pay for househo... http://t.co/iFIiSfWF (21st May 2012 - 11:49)
- Moneymagpie: Got a burning question about money?Now you can ask Jasmine what she thinks, through Jasmine's World: http://t.co/Tz48Qf4f (21st May 2012 - 11:14)
- Moneymagpie: Win the ultimate street party collection! http://t.co/3wGpBIMI via @pinterest (21st May 2012 - 11:08)
- Moneymagpie: Everyone who spends £40 or more at ASDA bet 21st May and 17th June can get a £5 off £40 bonus voucher online (21st May 2012 - 10:07)
- Moneymagpie: #Win this gorgeous street party collection from Lakeland. Simply RT this and follow @moneymagpie for a chance to win! http://t.co/ZNPxDgJv (21st May 2012 - 09:27)
- Moneymagpie: Good morning Moneymagpies! Did you all have a nice weekend? Kick start your week by swapping your greedy... http://t.co/TSTr37ph (21st May 2012 - 08:44)
- Moneymagpie: National Vegetarian Week 21-27th May: It’s National Vegetarian Week, so here are some of my favourite veggie mea... http://t.co/xhsrBwqi (21st May 2012 - 00:15)
- Moneymagpie: RT @Jasmine: My 'Smarter Living' challenge in the Telegraph http://t.co/xXdyujYZ (19th May 2012 - 11:48)
- Moneymagpie: Make money with an oven-cleaning business: Your very own oven-cleaning business – how does that sound? Cleaning ... http://t.co/Yz3HQH7b (18th May 2012 - 16:30)
- Moneymagpie: New article! Make money with an oven-cleaning business - http://t.co/6ZwLdZhP (18th May 2012 - 16:17)
Food prices highest ever in January
February 7, 2011
Global food prices hit their highest level on record in January, according to the United Nations.
It’s not just a problem for us in the UK, in fact it’s even more of a problem in the developing world. I think we’ll see many more food riots this year and into the next decade as well as actual battles and possible wars over food and water.
The investment company Fidelity has come up with these interesting, but rather disturbing, food facts:
- In developing countries, food makes up a far larger part of total spending than it does in developed nations. For instance, in the US, food has an 8% weighting in the CPI basket. In India, the figure is 47%. Food inflation, therefore, quickly manifests itself in overall inflation in developing economies, raising the political stakes and the potential for unrest.
- The World Bank estimates that demand for food will rise by 50% by 2030, largely as a result of population growth, rising affluence and changing diets. The population of the world is growing at around 1% a year. It might not sound much, but it means an additional 70 million mouths to feed every year.
- During the 2007/08 food price spike, the cost of fertiliser commodities such as urea and potash rose around tenfold. While the financial crisis saw prices fall back sharply, demand is now recovering strongly and is expected to challenge capacity in coming years; it takes around seven years to develop a new potash operation.
- With a growing number of mouths to feed yet declining arable land (exacerbated by the use of cropland for bio-fuels) we already have a strong need to increase crop yields. However, changing diets in the developing world add an extra dynamic to the mix. Economic growth and rising affluence in developing countries, such as China, India and Brazil, is allowing huge numbers of people to improve their diets by adding more protein, namely meat and dairy products.
- The demand for more protein has a significant indirect impact on grain. Livestock is reared on grain feed making production heavily resource intensive. Indeed, it takes 7 kilograms of grain to produce just 1 kilogram of meat. In a world growing ever hungrier for meat, the need for more grain and better yields is clear. Grain demand in China alone is set to grow substantially.
Fidelity goes on to say that the main way to combat this growing problem is to increase crop yields, mainly using better fertilisers.
Possibly – we could be more efficient in our food production around the world. But I think there are a number of other things we need to do:
- Reduce population growth. The main way to do this is to educate women in the developing world. Studies show that the more educated women are, the fewer children they have (if any) and the later they have them.
- Eat less meat. Meat and dairy production take up far more resources than grains and vegetables. In the West we eat far too much of both and it’s worrying that China and other growth economies are taking on our, largely unhealthy, diet.
- Share resources. I’ll be talking a lot more about this in the future but increasingly I realise that on a local and on a global level we need to share resources, take back common land, effectively work together nationally and multi-nationally to make the best use of our food resources. Check out Share the World’s Resources for more ideas on this.
- Get back to sustainable farming. I don’t mean this in a tree-hugging way, but very practically, if we don’t stop destroying our ecosystem with pesticides, too-intensive farming and dodgy fertilisers (I’m really not 100% behind what Fidelity is saying) then we will destroy our ability to produce any type of food. This excellent programme on BBC called Who Killed the Honey Bee explains our dire situation. Without bees plants don’t get pollinated and the bee population is being decimated by bad food production practices.
So what can you do?
There’s lots we can all do:
- Eat more vegetarian meals to be more sustainable
- Cook from raw and find more cheap and nutritious recipes (see our recipe ideas here)
- Keep bees (see our article on bee-keeping)
- Get into community gardening and working to get our common grounds back
- Start pressurising governments to adopt more sustainable food production methods
- Campaign against bad pesticides and fertilisers
What ideas do you have?…
- Support organisations such as Save the Bees (@savethebees on Twitter)






































