this was achieved at a colossal price, algeria by rights, is considered to be a country of martyrs. according to the calculations of historians, the french colonists are responsible for the debts of one and a half 1000000 algerians. l look forward to talking to you all. that technology should work for people. a robot must obey the orders given by human beings, except where such order is a conflict with the 1st law show your identification. we should be very careful about artificial intelligence. the point obviously is to great trust, rather than fear. i would like to take on various jobs with artificial intelligence, real summoning with a robot must protect its own existence with

what we've got to do is identify the threats that we have. it's crazy confrontation, let it be an arms. race is often very dramatic. development only personally and getting to resist. i don't see how that strategy will be successfully, very difficult time. time to sit down and talk with somebody with with key at the ocean can keep the pros, do a phone that's in the usa.

a few moments, i just want you to put super swollen video to work. you put up a list of all but huge with ah, ah, the effects arriving food prices have ripple through the economy from governments imposing price controls and trade restrictions to consumers. cutting back into other areas as who takes up a growing chunk of their wallet share. this is especially true in emerging markets for food represent a large share of overall consumer spending. global food prices have now 3065 percent since the start of the covet pandemic. add that to the recent years of dry weather and has been the perfect storm for commodity food prices to rise. i'm

christy i and you're watching the cost of everything with the price of everything that goes into producing crops as surging, which threatens to fan global food inflation even more. and even with the rising food prices, farmers are facing increasingly tough margins. so let's take a quick look at the price of mangos over in australia, over the last decade, the cost to produce mangoes have doubled. so to mitigate, farmers have taken steps like minutes rising the trees and reducing diesel consumption. but the current sort of crude oil is still crushing margins and it's not just oil, fuel, water, fertilizer and labor all for inputs have gone up in the past couple of years. prices for fertilizer, which is used for practically all crops, have risen dramatically in the past year. and in the us, farmers on average budget about $700.00 to $850.00 per acre for input costs for

cheaper commodities, such as corn and soybeans. but in 2022, that number has hovered around $1150.00. so let's look at the average inflation of basic input cost that goes into that $1150.00 for plant corn. you have a 5 percent inflation and chemicals like pesticides and err besides. then you have 13 percent inflation in seed since you have to have the latest varieties that are stronger or more resistant. machinery and equipment are also going to cost you an additional 18 percent than previous years. and then you have fuel and fertilizer that you're seeing 22 percent inflation with the rising diesel costs. and finally, labor. that's an additional 30 percent as everyone's basic cost of living has shot up and weight is need to keep up for some families to continue to work. now let's bring in some miranda mojave asia regional director for international potato center

joining us all the way from lima, peru for more details. so to start off, which segment of the food supply chain is getting impacted the hardest? is it the farmers, the grow? sures are the processors i would say the most in back to you was not the people in the, in the supply chain, then i love merely getting impacted because arguing back, i just said that i did the input, particularly for basis energy basis as well. and also on the top of that we have seeing the way that uncertainty in many countries. i got a lot to all these things happening again. so if i get the definitely impacted to that, then you have the passing to up nice. this i, i got to the can do list so the controllers are getting impacted. but one thing i would like to mention that that was in the country that being impacted lot more

than that you left in because the way the food was assisting sector in terms of concentration there, you know, we have the record duffy glen companies and the packing company in the us, i knew them, but you don't see that so much. so i don't think, you know, in, i think in the us the, but i think we have been jacked by, by all these the food company or the me to be the company in the midst of the 2 big that the ice maker. but it is. yeah, they're all small, they're not as big guys. gotta get in there. so they may get a place to go so fast. so the ice, but we don't, jackie beyond that. so i would say the country and you must being impacted lot more than the developing countries just because the structure of the industry and now how much more expensive is sustainable agriculture and why is it so much more

expensive to produce than their quote unquote unsustainable counterparts. yeah, i think i don't think sustainability goes in in the expensive than the unsustainable on. first of all, the conventional factors that conventional production system. but just just remember that the, all our policies are kind of formulated to support the conventional systems that give 3 inputs, subsidized flight ledgers. all these things are up to the basic staple there in the thing, the conventional practice and then got it. intensive input applications to, to get the model output. so though it's mostly policy driven, other policy induced, which is making expensive as compared to the conventional then. but it will give a level playing field, both sustainable and, and sustainable would be lot of money and expensive. for example,

externally happens in parts of if you have many parts of it, but people are really not with india where the problem being fixed right after that, i thought that the heart of the blood because the window but he saw the plan, but we only have 15 days, the other fees, like we did so they are forced to start there. but that's the one thing i think millions of people, millions of people, the daily rounding area there. so the next on the bottom left for us to pay for this. so the lease and the plan, the next. so the partly policy spartley extra reality, which making the sustainable practices lot more expensive. it looks expensive than the non us. and it will then, but i would say it completely for the market know policy intervention. so often

that will be it will not be an expensive, you know, and the congress back this bit, it seems that some of the inflated food costs are actually artificial. at least part of it, as it seems to be more so policy driven as the plans for a more sustainable food production system. so how much of the food inflation is actually coming from policy? and is this move towards sustainable farming, decreasing yields? i think in the, in the sustainable fact, if there's one thing i would say when we one with the 5 was proud of the cost in boston involved in the start when moving from convincing to sustainable there. and eventually longer there much will benefit. but the father was really not looking for the longer you are the sort of what happened to me are you after that, you know, they moved back the sustainable practices. long term life, then you look much. they will be much more or less. so everything will improve the

evil will increase cost or decline there. but the problem is that i don't think sustainable lack this is particular that you love these diving. the relation you look in trustable. fact is that they are committing in terms of the loading for the best. if i can, we can say, i don't think that be going to, that is even though i mean for them to put things, inflation, we see it is giving policy given, but it was partly driven by the developing countries other, other parts of the one they're taking those into, you know, they're still active 6 on the export back, the export ban, those federal thing that they didn't think that the food places, not the questionable back to that who have the policy is directed towards the distinction that including the places you know. so not the test and it was backed by and now what crops are getting impacted the most by the rising input costs are

farmers shifting into specific crops because they are easier and don't require as much fertilizer while yielding higher harvest. got it. i think it mostly the rising cost of the other things they're getting impacting the cups. mostly the ice. they know it's nice in most part of it then. then eventually the next couple believe which will get back to that. and many cases, 5 list are moving to maybe less in the input intensive grams like length response is mill. it's in some cases, but that's not pretty wide scale as where the isolated the bottom of the moving into some of these graphs and particularly that they moved to other cups because of the one deficit impact india. there particular india. they moved from the ice to other thought because it was a month when deficit, though, so they could not plan look 2 minutes. but that, as i said,

that's really isolated kids not, not life skills in the fed. miranda mojave, thank you so much for and i now as base the commodities make their way down the supply chain on to your table. let's take a look at the restaurant industry. restaurants are not being scared from these issues. on top of dealing with the surging inflation and food costs. operators have experience supply delays or shortages of key food ingredients. restaurants are now pay higher prices for many of their food items as their margins are being squeezed . profitability is down from pre pandemic levels. for the vast majority of restaurants now away combat climate change be a secret driver of inflation. there is a theory that extreme was there might be a driving force or higher inflation, and we'll have more after the break. ah

ah ah ah, that is this with you cross a communities with for the diesel superscript, they're more yucca, you feel securely,

more visible refuses to loaf with this with them with them. when i went to the wrong one, i just don't know. i mean, you have to see how this becomes the advocate and engagement. it was the trail when so many find themselves,

well the part we choose to look for common ground dean. what are you crazy? oh, yes. or to love? i lost most of my friend that did. i was broken. i wasn't able to save anyone. i get nothing that i met wilson, 2030 god. but really, in my way to make me start talking to willy waiting for me to have him i'm happy that trying to find is really little john. you can go to sleep. mom,

i had become my new friend. the one was not going to die or i was he is, i would stay alive. they next to me. if i'm not crazy enough, i'm not gonna make it the good climate change be a speaker driver of inflation. well, there is a theory that extreme weather worse than by climate change is a hidden costs of food inflation, which threatens to push up already high prices of food, heavy rainfall flooding, heat waves and grouse erode agriculture infrastructure. and the workers ability to stay on the job. china has suffered multiple weather disruptions from flash floods

to severe droughts. and earlier this year in august, the country issued its 1st rout emergency as central and southern provinces suffered weeks of extreme heat exceeding 40 degrees celsius. now this has jeopardized crop production as rice is very sensitive to weather and nearly 60 percent of that is rain said farming in europe. dairy and meat prices are rising as browse dry out the land meant for raising and growing grain for feed. and meanwhile, historic rains and floods in europe and south korea that makes it hard for communities to rebuild and get back to work caused a massive delays in supply chains. so while extreme weather is affecting supply, research hasn't yet quantify the exact impact extreme weather has unemployment. and now we bring in, once again, some around do mohan t asia regional director for international potato center. so 1st off,

now what countries crop yield is being affected? most by this extreme weather we're seeing this year, you know, particularly the ice now being impacted in many states, particularly in the up. i'm glad this a lot, a lot of the cup in some key the ice going countries and now what about the livestock, our livestock also being affected by extreme weather lives the landing directly back. they're going to be impacted to increase in the base. the ice place goes up, that's going to affect the phase and that's not many lice. said the 100 percent. look nice, but example it in the under pressure book and i said to dice and same time, 100 percent book and exported to west african countries or india to export ban on 100 percent localized to make sure they didn't feed the field but in the country.

so i will be back to the grants are impacted now we talk about the food inflation problem that we're facing today. where do you think the problem is mainly stemming from? is it policy driven, as farmers have less access to fertilizers and higher costs due to sustainable farming practices? or is it demand driven as they're just too many mouth to feed? or is it supply chain driven or something else entirely? or you would that, is it gonna be this all the most of the same lead to be mostly be able to do to the supply stocks working due to the way the uncertainty in what if you will and america so so, so these would be more driven by the way, the and then the, the, the reaction by the countries in terms of the putting intervention, particularly many indonesia india export band on with export ban on by

100 percent book and then export band some other type of price. but those export tax on delays in the export band going into it. then if you'll cancel the order of different countries policy, the sticks and in to make sure that they're enough for a liberal in the domestic market. so that you don't put in place in this, but it all started, i would say going back to the beginning of the pendant b, when you start to start doing with the logistics asportation level thought to this, then we have the one, you know, you can let that be back, there we go. and we've explored sunflower, the export. so the website when it was new weather. so it can be there. so everything is going to call me they've been having an echo level of taxes globally

. so it's really like the perfect storm. yeah. exactly, and the thing is that the dog has already these the peak in the country, particularly us and europe. but the storm is probably starting the beginning. we'll be picking out a couple of months or 3 months to pick because they'd always lack between the, the price this bonds in the, in the latest, once in the because a lot of ways can contribute to all the things into the united states. and just like export x export ban and keep the investing law for the wise. so we are seeing that lack there. so we left the money in the global prices continue to fun. they will see the price is big and the start. but that's the main to see what happens with a global base, the united nation world food program, though they have come out to say that this crisis is actually about affordability, meaning that there is foot available,

but that these prices are just really hot. so do you agree or is it just putting a nicer spin on things? no, i think the 6 of the society, the mostly that impacted by the base increase and affordability can come into the play that. but they have a lot of social safety net or you talk about india, that is where the places are subsidized or the or the income group. and so they have, they have not been impacted by the affordable by so much. but it actually got a big, big play because a lot of them there that impacted by the global sizes so. so i think that that plays into legend part of the world. definitely, definitely. thank you so much, sam miranda mohan paper being here with us today. now who are the winners and losers of the actual food prices?

food prices have hit their highest rate of growth in some 43 years. and unfortunately, it is hitting the low income people, the hardest as food eats into a greater percentage of their budgets. now between july of 2021 to july of 2020 to the price of eggs jump. 38 percent. coffee jumped 20 percent chicken. 16 percent bred, 13 percent. so as anyone really went here. well yes, because the money always flows upstream and many of the chemical companies making fertilizer are boosting their bottom line. monsanto is also build a stronger though controversial feeds poll. tash and tara are selling fertilizer to boost crop yields. so those industries are in a good position as the overall global food supply is shrinking relative to demand as the world population grows. so how long is food inflation going to last?

well, it looks like it's here to stay for the foreseeable future as so many policies are unintentionally yielding lower crop harvest. so the prices will continue to increase in the near term, but should peak sometime in 2023 as supply stabilizer and farmers invest in to expanding their acre it again, thanks for watching. i'm happy i and i'll see you next time right here on the cost of everything with a a is your media reflection of reality in the world transformed what will make you feel safer? isolation for community. are you going the right way?

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