Today 1 billion people, out of a world population of 6.5 billion, live in chronic hunger. Every six seconds a child dies from hunger. The future demands placed on agriculture will be no less daunting: feeding a population that is estimated to number 9.1 billion in 2050 (FAO projects that a 70 percent increase in food production will be needed); providing income, employment and economic growth in many developing countries, most Least Developed Countries, and livelihoods for 75 percent of the poor.
As of Oct. 1, 2008, SNAP is the new name for the federal Food Stamp Program. It stands for the Supplemental Nutrition Assistance Program.
http://www.frac.org/html/federal_food_programs/programs/fsp.html (see also --> other links)
The first two contract months other than the lead contract months in corn and the soy complex will settle to spread relationships established in the pit, while the remaining contract months will settle based on spread relationships established on the electronic system at 1:15 p.m. CST, according to the exchange. Deferred month contracts beyond the first two contract months in corn and soy complex futures settlements are currently determined by spread relationships in the trading pit.
At first glance, Giuseppe Oglio's farm near Milan looks like it's suffering from neglect. Weeds run rampant amid the rice fields and clover grows unchecked around his millet crop. Oglio, a third generation farmer eschews modern farming techniques -- chemicals, fertilizers, heavy machinery -- in favor of a purely natural approach. It is not just ecological, he says, but profitable, and he believes his system can be replicated in starving regions of the globe. Nearly 5,000 miles away, in laboratories in St. Louis, Missouri, hundreds of scientists at the world's biggest seed company, Monsanto, also want to feed the world, only their tools of choice are laser beams and petri dishes.
Monsanto, a leader in agricultural biotechnology, spends about $2 million a day on scientific research that aims to improve on Mother Nature, and is positioning itself as a key player in the fight against hunger.