World Food Crisis?

So say some foodies.  But I see thisand I wonder:

Corn production outside the US in the 2011-12 marketing year is projected to be 6.6 percent larger than production of a year ago. Argentina, Brazil, China, and the Ukraine are all expected to have larger crops than those of last year. Of the larger producers, only Mexico is expected to have a smaller crop. Foreign wheat production is expected to be up 6.8 percent, led by a 39 percent increase in production in the countries that make up the former Soviet Union as that area recovers from the drought of 2010. Foreign soybean production is expected to increase by 1.4 percent