Videos highlight big factors in the food crisis

A video series by the New York Times takes a step in realizing the food crisis is due to multiple factors that go way beyond the demand for biofuels. Two videos in particular bring to light bigger issues in the food crisis: fertilizer prices and Australia's 10 year drought. First, fertilizer prices have tripled since last year from $393 a ton to $1,102. With the major input of nitrogen fertilizer being natural gas, as natural gas prices increase, so do fertilizer prices. Second, Australia is in the midst of a 10 year drought, which has cut their production of rice by 98 percent. Rice prices have doubled over the past year. To view the videos and related articles visit Australia and Fertilizer.