It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
What looks to be the worst U.S. drought in a quarter of a century has given rise to an old-fashioned commodity rally on world markets, with key grain prices hitting highs which caused food crises in vulnerable parts of the globe last time around.
Seeking to protect their populations from hunger this time, many countries relying heavily on imports have held off for now, touting healthy stock levels and hoping other sources will come through and bring prices down.
But their hopes may be dashed if they all return to market at once.
With so much of the world putting faith in a record U.S. corn crop, it is little wonder that prices have surged around 40 percent in the past three weeks as relentless dry weather melted yield expectations for cereals. Soybeans are at record highs, while wheat is not far behind.
Originally posted by Ilyich
reply to post by silent thunder
Just giving ya'll a what's up from Beautiful British Columbia, Canada. It's lush, green, our produce is ripe, our fruit juicy, the rivers and lakes have been at record levels, and we've had plenty of rain. What does this mean? Stop going to war with people and causing violence and you'll get some rain. lol. I really don't know why You're suffering from a drought but if god was going to punish anyone, well I don't need to say anything else.
Originally posted by silent thunder
Droughts have been part of farming for as long as agriculture has been with us; whether there is anything unusual about this one aside from its reach and severity is of course open to debate.
Originally posted by Ilyich
reply to post by silent thunder
Just giving ya'll a what's up from Beautiful British Columbia, Canada. It's lush, green, our produce is ripe, our fruit juicy, the rivers and lakes have been at record levels, and we've had plenty of rain. What does this mean? Stop going to war with people and causing violence and you'll get some rain. lol. I really don't know why You're suffering from a drought but if god was going to punish anyone, well I don't need to say anything else.
Originally posted by Ookie
And the ticks? Now there's a new tick that MAKES YOU ALLERGIC TO BACON!!!!