Bad weather threatening crops in farming giants but it’s not like 2008

Monday, July 9th 2012 - 18:54 UTC

Full article 3 comments

A second global food price shock is gathering steam as bad weather decimates crops in the farming giants US, Brazil, Argentina, India, Russia, the EU and Australia that feed the world, according to market analysts. Read full article

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Truth_Telling_Troll
Argentina? What are they talking about? We had a bumber soy and wheat harvest.
Jul 10th, 2012 - 01:45 am - Link - Report abuse 0
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AmericanLight
A friend of mine in into crops and he agrees with this article.... They are talking real facts
Jul 10th, 2012 - 03:12 am - Link - Report abuse 0
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Pheel
1 TTellTroll:
Our national forecast was 50 million tons, we harvested less than 40 MMtons. Paraguay, Uruguay and Rio Grande do Sul also had less than expected soybean harvests
Prices skyrocketed because the american drought came after the Cono Sur drought, the yankee campaign supposedly had to compensate lower international stocks, and they are failing.
Jul 10th, 2012 - 11:56 am - Link - Report abuse 0
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