Coming food crisis?

Paul Krugman and dday at Hullabaloo think that there is a coming food crisis; the latter has links to organizations which are trying to help. Dani Rodrik quotes Bob Zoellick here about cutting subsidies and says:
"As for the real impact of food prices on poverty, we can avoid much confusion by recognizing the diverse and heterogeneous effects that food prices have on poverty around the world. The impacts depend on whether you are a net seller or a buyer of food (which is determined in part by whether you live in urban or rural areas), as well as on net supply elasticities (a large enough price increase can turn you into a net seller even if you were not one initially).

Now repeat after me: it depends..."
In the comments sectionThe sustainable development blogger responds:
"1)High food prices are caused by biofuels and emerging countries growing demand but also by speculation on commodities markets.

2) 2/3 of the poor lives in rural areas and depends on agriculture and many of the urban poor are former peasants.

3) Many developing countries, even if they are net importing countries, have still an important potential in expanding their agricultural production.

These elements mean that high agricultural prices are positive for most poor in developing countries but the risks are very high because urban poor uprising (caused by high food prices) can destabilize several developing countries.
This mean that we need to find solutions to reduce these risks and the adjustment costs. "
From what I have seen in coastal Andhra, I tend to go along with this blogger. Almost all the farmers I know are unhappy with growing rice due to high costs, uncertain results and lack of any sort of insurance. Some have even turned rice filelds to eucalyptus plantations because lower investment and more certain results. About 40 years ago, a farmer owning about 10 acres of land was considered a man of substance in coastal Andhra but now people who have similar acerage are looking for part time jobs during the off season. For agricultural labourers who want to lease land it is difficult to get loans except at very high interests from local lenders. The estimates are about 12,000 rupees for one acre of a rice growing fileld. May be micro finance and some sort of insurance can help.
P.S. Another article with links to reports from International Food policy Research Institute here.