By Andrew Snyder, TodaysFinancialNews.com

Baltimore — (TFN): Sometimes you just know it is going to be a rough couple of days. As you read this, my soft-hearted, pregnant wife is recovering from a fairly significant surgery. That alone is enough to raise the blood pressure.

But at the same time my better half is asking for a stronger morphine drip, the weatherman is calling for a foot of snow. And worse yet, the phone is ringing off the hook with long-time friends wanting to take advantage of perfect waterfowl hunting conditions.

Yesterday I visited the world’s largest hydroelectric power plant. The name of this plant is Itaipu. It sits on the border between Brazil and Paraguay, on one of the largest rivers in Latin America, the Rio Parana.

Rice has now shot up 75% in the last two months alone. Corn is up 30% this year. Wheat has managed 120% gains over the past 12 months.

With staple foods racing to record high prices, the world’s poor are feeling the pinch of the global food crisis. But the effects are not limited to the third world. Costco stores in northern California are imposing limits on buying of oil, flour, and rice reported a recent article in the NY Sun.