Once again, world food stocks are looking precarious. As Mr. Michael Richardson detailed in these pages on Feb. 3, prices are soaring for basic food products and the prospect of hunger, starvation and unrest are rising as well. There are several reasons for this spike in prices, but weather — and climate change — is the most important. It will be difficult if not impossible to insulate food production from weather-related problems in the short term, but steps can be taken to insulate prices from their impact.
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