RMG 101 Lecture Notes - Lecture 10: Methamphetamine, Political Ecology, Democratic Education
Document Summary
Page 161 note explains paradox of why higher exports results in lower profits for farmers cost-price squeeze. Page 163 stats canada percentages on funding to large farms chapter 17 - pg 276. *sharp rises in food prices in 2007 and first half of 2008 show why global economic forces are important in food security. In late 2008 prices decreased sharply again but were still higher than the prices pre. *farmers didn"t even benefit from the rise in import prices because agricultural inputs such as fertilizer were costly. *international financial, agricultural trade and investment policies are factors affecting price volatility and price vulnerability in the long term. *draught in australia and poor harvest in europe of 2007-08 were blamed for poor supply. *diversion of grain to biofuel was accountable for 30 70% of the change in food prices. * the dollar"s value against other currencies depreciated by.