Thursday, August 2, 2012

Are We On The Brink Of Another Global Food Crisis?

Historic U.S. Drought Raises Fears Of Global Food Crisis -- Radio Free Europe

By this point in the summer, corn stalks are supposed to be as high as a farmer’s head, not his knees. But this is no normal summer in the agricultural heartland of the United States. The stunted plants, bending over cracked and dusty fields, are a product of the worst drought to hit the United States in more than 50 years.

The U.S. Department of Agriculture has already forecast a 3 to 4 percent rise in domestic food prices next year and more than 1,000 counties across the country have been declared disaster areas. Data released on July 26 by the U.S. Drought Monitor found that the situation is only worsening, with almost two-thirds of the United States affected.

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More News On The Global Food Crisis

Another food crisis looms -- The Economist
We are teetering on the brink of another global food crisis -- The Guardian
Spike in Crop Prices May Signal 'Chronic Food Crisis' -- CNBC
US drought: Stuck on dry land -- Financial Times
Could the Midwestern Drought Cause a Global Crisis? -- Suzanne McGee, The Fiscal Times

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