Friday, August 17, 2012

August 9 News: Drought Across Three Continents Drops Crop Stockpiles, Raises Import Costs To $1.24 Trillion

Stockpiles of the biggest crops will decline for a third year as drought parches fields across three continents, raising food-import costs already forecast by the United Nations to reach a near-record $1.24 trillion.

http://thinkprogress.org/climate/2012/08/09/662721/august-9-news-drought-across-three-continents-drops-crop-stockpiles-raises-import-costs-to-124-trillion/

http://www.businessweek.com/news/2012-08-08/global-food-reserves-falling-as-drought-wilts-crops-commodities