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3-31 - Geog 232 A major spike occurred in food prices about...

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Geog 232 March 31, 2008 A major spike occurred in food prices about thirty years ago under Richard Nixon.  The  price of soy bean derivative products when up a lot.  In an attempt to deal with the price  spike, President Nixon limited the export of certain food products, this had somewhat of  an impact. In the short run, the administration achieved its goal and stabilized prices in the US.   In  the long run this had a huge impact of the global soybean economy because there  supply was stopped by the world’s largest soybean producer (THE US). In the Amazon: o Brazil experienced a large increase in the number of soybean farmers.  The  expansion of soybeans in Amazonia demonstrates soybean expansion indeed  corresponds to the location of cerrados (grasslands). Bolivia has had a major increase in deforestation, mainly along highways, to increase  farmland To reiterate a point, food products are a global market place.  Actions by one player in 
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