As Prices Rise, Farmers Spurn Conservation By DAVID STREITFELD Published: April 9, 2008 Paul Devlin works at a bakery in Tampa, Fla. The bakery's owner said the price he paid for flour had doubled since October. Thousands of farmers are taking their fields out of the government's biggest conservation program, which pays them not to cultivate. They are spurning guaranteed annual payments for a chance to cash in on the boom in wheat, soybeans, corn and other crops. Last fall, they took back as many acres as are in Rhode Island and Delaware combined.

Rising food prices could spark worldwide unrest and threaten political stability, the UN's top humanitarian official warned yesterday after two days of rioting in Egypt over the doubling of prices of basic foods in a year and protests in other parts of the world.

Govt may cut subsidies to fund rural employment scheme Khawaza Main Uddin The interim government may trim fuel and fertiliser subsidies to make up for the planned enhancement of social protection and balance the next budget, finance officials have hinted. Raising the tax-GDP ratio to 11 from 10.3 now is one of the major targets to increase the revenue earning for meeting the costs of development and welfare activities as well as routine expenditures of the government.

Grains gone wild What's behind the world food crisis? These days you hear a lot about the world financial crisis. But there's another world crisis under way - and it's hurting a lot more people. I'm talking about the food crisis. Over the past few years the prices of wheat, corn, rice and other basic foodstuffs have doubled or tripled, with much of the increase taking place just in the last few months. High food prices dismay even relatively well-off Americans, but they're truly devastating in poor countries, where food often accounts for more than half a family's spending.