Time to cut food wastage

A global food catastrophe is looming. Major grain exporters are restricting their overseas shipment of agricultural products so that they can meet growing domestic consumption.

The sudden growth of the bio-energy industry in many parts of the world creates imbalances in the food trade and spurs sharp increases in wheat and maize prices.

The international prices of rice are also going up. Fortunately, the Republic of Korea (ROK) is self-sufficient in this, our staple grain, mainly because of the declining domestic demand, as people's diet becomes more Westernized.