(Click on Image to Enlarge)
Worst Drought Since 1956 Threatens World Food Crisis -- The Telegraph
America's worst drought in more than half a century is threatening the world with a fresh food crisis.
A month of scorching temperatures across the country's midwest has sent corn and soybean prices to record highs, while wheat prices have reached levels not seen since the last food crisis in 2008.
The severest drought since 1956 in America's agricultural heartland has dashed the hopes that were alive just a couple of months ago of a bumper harvest. Traders and economists warned that the effect will ripple out from the US because it is the world's biggest producer of corn and a major supplier of soybeans and wheat.
Read more ....
WNU Editor: And the experts are predicting that this drought is going to get worse. See here and here.
No comments:
Post a Comment