Grain shortage?

Today's on-line edition of the International Herald Tribune (IHT) suggests genetically modified crops may get a better press in this time of rising prices, saying:-

Soaring food prices and global grain shortages are bringing new pressures on governments, food companies and consumers to relax their longstanding resistance to genetically engineered crops.

But The Economist is direct: "The changes reflect changes in demand – not problems of supply such as harvest failure."

Never take what you read at face-value – nothing in this world is simple. Nor are ad hoc solutions sustainable policy.