Food prices to skyrocket, how will this impact service economies?

[Steven Parker]

Hi

 

Here is a link to an article on the rising cost of food due to inflation:

 

"The Westpac-National Farmers' Federation Commodity Index, released today, revealed big global price rises last month in wheat, sugar, canola and barley.

According to the index, global prices for wheat rose by 14.9 per cent in December, while sugar went up 8.7 per cent and barley 6.1 per cent.

Australian Food and Grocery Council chief executive Dick Wells said continued global price increases in grains would lead to higher food costs to families.

"The flow-on is there, there's no doubt about it," Mr Wells said.

"If (commodity prices) continue to rise, we will see increases in the long-term."

http://www.theaustralian.news.com.au/story/0,25197,23125901-12377,00.html

 

What impact do you think inflation on food and fuel will have on Australian Tourism and Hospitality service industries? Can anything be done to mitigate the impact by educators?

 

 

[Leigh Blackall]

that's a learning activity right there Steven! An inquiry learning project for almost all levels of learner I'd say. So I've picked it up and added it as an activity to the Sustainability course development...

--
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Leigh Blackall
+64(0)21736539
skype - leigh_blackall
SL - Leroy Goalpost
http://learnonline.wordpress.com

[Steven Parker]

Good idea Leigh. Here is some more impacting economic data for the conversation.

http://www.theinternationalforecaster.com/item.php?topicId=2&articleid=224
http://business.smh.com.au/china-syndrome-could-end-aussie-dollars-reign/20080115-1m3z.html

[Leigh Blackall]

feel free to teak the activity pages Steve ;)

[Ken Burgin]

Nice one - plus place adding price changes to recipe cards and
checking profit margins...

Ken

On Jan 29, 8:43 pm, "Leigh Blackall" <leighblack...@gmail.com> wrote:
> feel free to teak the activity pages Steve ;)
>

> On Jan 29, 2008 10:42 PM, Steven Parker <sparke...@gmail.com> wrote:
>
>
>
> > Good idea Leigh. Here is some more impacting economic data for the
> > conversation.
>

> >http://www.theinternationalforecaster.com/item.php?topicId=2&articlei...
>
> >http://business.smh.com.au/china-syndrome-could-end-aussie-dollars-re...

>
> > On Jan 29, 2008 5:52 PM, Leigh Blackall <leighblack...@gmail.com> wrote:
>
> > > that's a learning activity right there Steven! An inquiry learning
> > > project for almost all levels of learner I'd say. So I've picked it up and

> > > added it as an activity to the Sustainability course development<http://wikieducator.org/Assess_systems%2C_resources_and_practices_for...>
> > > ...

>
> > > On Jan 29, 2008 5:15 PM, Steven Parker <sparke...@gmail.com> wrote:
>
> > > > Hi
>
> > > > Here is a link to an article on the rising cost of food due to
> > > > inflation:
>
> > > > "The Westpac-National Farmers' Federation Commodity Index, released
> > > > today, revealed big global price rises last month in wheat, sugar, canola
> > > > and barley.
>
> > > > According to the index, global prices for wheat rose by 14.9 per cent
> > > > in December, while sugar went up 8.7 per cent and barley 6.1 per cent.
>
> > > > Australian Food and Grocery Council chief executive Dick Wells said
> > > > continued global price increases in grains would lead to higher food costs
> > > > to families.
>
> > > > "The flow-on is there, there's no doubt about it," Mr Wells said.
>
> > > > "If (commodity prices) continue to rise, we will see increases in the
> > > > long-term."
>

> > > >http://www.theaustralian.news.com.au/story/0,25197,23125901-12377,00....