Roger Baker, The Rag Blog’s resident economist and peak oil expert speculates that we may be facing a similar global peak in world food production. He analyses global food production trends, which are moving in the wrong direction — and points out that food prices have been increasing, on average, by more than 10 percent per year. He discusses the causes for the rise in food prices, and throws in peak oil as a wild card. He projects that, even if we could assume ample supplies of liquid fuel, a food price crisis could return by 2014, especially when you factor in major food market speculation as happened in 2007.

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