A recipe for financialised food

Method:

1. Take a bunch of financial regulations, cut off the good parts and water them down.

2. Measure out several thousand tonnes of grain and other staple foods and add them to global markets. 

3. Quickly pour in huge amounts of hot speculative capital from investment banks and hedge funds. 

4. Watch as basic food prices rise. 

5. Serve with fat profits and a large portion of widespread hunger, poverty and malnutrition for the world’s poorest people.

Full article over at
http://www.wdm.org.uk/blog/recipe-financialised-food 

Westcountry families sacrifice food to pay the rent
‘Food insecurity’ comes to London
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Drop In Quality - Tesco to announce fall in UK sales for first time in 20 years

Doesn’t Tesco realise that the drop in quality of their products means that people are leaving Tesco for better supermarkets.  I could name a dozen products where Tesco has cut the quality.

Full article over at
http://www.myfinances.co.uk/cut-your-bills/2011/10/02/tesco-to-announce-fall-in-uk-sales-for-first-time-in-20-year 

Q&A: What We Learned Skipping Supermarkets and Restaurants For a Year

“Last October, Rachel Hoff and Tom Ferguson embarked on an experiment in hyper-locavore healthy eating. For the next 12 months, the couple from Vallejo, Calif., wouldn’t set foot in a grocery store or restaurant. Their family’s diet would consist entirely of non-processed foods gathered from farmers markets, a local sustainable food-buying club, and their own quarter-acre backyard…”

Read about how they got on at
http://moneyland.time.com/2011/09/15/qa-what-we-learned-skipping-supermarkets-and-restaurants-for-a-year/

More young people turn to food banks due to poverty

Thousands more young people are turning to food banks because they can’t afford to feed themselves or their families.

The Trussell Trust which runs the UK’s only national network of food banks says it is seeing more 16 to 30-year-olds through its doors.

Paddy Haines, 28, turned to a food bank for help when his hours as a chef were cut…

Full story and video over at
http://www.bbc.co.uk/newsbeat/15035299