Thursday, June 17, 2010

Food prices to rise by up to 40% over next decade, UN report warns

Growing demand for emerging markets and biofuel production will send prices soaring, according to the OECD and the UN Food and Agriculture Organization. LINK...

****************************

Hey, that wasn't in my retirement plan. I better call my pension company and tell them to increase my pension to compensate for this and tell my financial planner to change his average forecast of 6-7% return on my money to 12-13%. Oh, how I wish it were that easy. BK