"Global Food Crisis and the local Rice Prices"
This newspaper article was written by my father Dr. Parakrama Waidyanatha and was published in the Sunday Observer - http://www.sundayobserver.lk/2008/06/01/fea11.asp .... worth a read.
Especially quotes such as (extracted directly from article) --
:: Over a 100 million poor who spend 50 - 70% of their earnings on food
:: Food prices have risen by 83% globally over the last three years
:: U.S is diverting an amount equivalent to its entire export volume of corn for biofuel
:: farmgate price of paddy is an all time high, but the cost of production is relatively low
:: the heavy fertilizer subsidy of about 400% of the actual cost
more