From the FINANCIAL TIMES:
The worst drought in the US in at least half a century has destroyed one-sixth of the country’s expected corn crop in a month threatening a surge in global food price inflation.
The US government estimated corn farmers had abandoned fields greater in area than Belgium and Luxembourg after the hottest July in US history irreparably damaged their crops. The harvest for soyabeans, largely crushed into animal feed and vegetable oil, would be the lowest in five years…
The governors of Delaware and Maryland, US states with large chicken farms, on Friday urged the White House to waive a government ethanol blending mandate because of an “undersupply of corn”. Both governors are Democrats like President Barack Obama…
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EDITOR: While our attention is on Syria, a hundred times…perhaps five hundred times… as many will perish from starvation because of the spike in the price of food.
