Tuesday, September 25, 2012

The Global Impact Of Rising Food Prices


How Rising Food Prices Are Impacting The World -- Christian Science Monitor

High grain costs, caused by severe drought, are hitting dinner tables from Guatemala to China. But the world has learned valuable lessons since the food shocks of 2008. Will it be enough to prevent social unrest?

Our story begins near Prairie City, Iowa, in the fields of Gordon Wassenaar, who has been coaxing food out of some of the world's richest earth for 57 years. Normally, Mr. Wassenaar is able to harvest about 200 bushels of corn per acre from his land – bin-bursting crops that are sent off to feed people in places as disparate as Michigan and Malawi.

Not this year.

As he walks the 1,500 acres that he farms, Wassenaar occasionally pauses to finger a stalk and peel back the husk, revealing corn that is shriveled and stunted. He figures that the headstrong drought of 2012 will cost him about 40 percent of his harvest.

Read more ....

My Comment: The worry is for next year .... what happens if the drought continues .... and (what is of great concern) .... what happens if the drought expands and worsens.

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