Drought Will Raise Food Prices in What Could Be an Endless Cycle

By: Thursday July 26, 2012 8:55 am

The drought conditions in the Midwest show no sign of letting up, and if you believe the overwhelming amount of evidence on climate change, amounts to something approaching a new normal. So the first thing I’d say about this projection of food prices as a result of the drought is that, in a constantly warming [...]

Drought Conditions Send Commodity Prices Skyrocketing

By: Thursday July 19, 2012 12:17 pm

It’s time to really focus on this major US drought, which has sent commodity prices for corn and soybeans soaring, leading to a likely jump in global food prices. You know it’s bad when the Financial Times gets on the case. The world is facing a new food crisis as the worst US drought in [...]

2012 on Track to Become Warmest Year in US History

By: Monday July 9, 2012 1:01 pm

While summer here in Los Angeles has been fairly temperate – especially for those of us by the beach who get the “June gloom” most mornings – in the rest of the country, the heat index has flown off the charts. Record high temperatures have been set with a disturbing regularity in May, June and [...]

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