Will soaring food prices create social unrest?
Bob MorrisPublished: 27 Jul, 2012
1 min read
Business Spectator thinks so. After all, steep food prices were certainly a trigger for the Arab Spring. The US is the world's biggest exporter of corn, soybenas and wheat, so these prices shocks will reverberate across the planet.
Markets are bracing for a surge in global political unrest, as the worst US drought in half a century sent corn and soybean prices soaring to record highs overnight.
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