Research shows global food demand could double by 2050
New research by the University of Minnesota shows that global food demand could double by 2050, while producing that amount of food could significantly increase levels of carbon dioxide and nitrogen in the environment and cause the extinction of numerous species.
Global food prices will likely remain high due to robust fundamentals despite worries of a broadening crisis in the euro zone, Pedro Herrera, HSBC's senior vice president global research for Latin American equities, said Monday.