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08/31/2007: "With climate change, food prices skyrocketing"
We're used to watching the price of oil mock gravity, but there's an even more essential commodity that's also become scarcer and pricier in recent months: Traders are paying record prices for wheat on world markets, thanks in part to shortages caused by a mix of drought and flooding. Canada, the second-biggest wheat producer after the U.S., looks set to harvest its smallest crop in five years, due to an unusually dry July, while production in the European Union may be down nearly 40% from last year after flooding rains followed long droughts. Growing global demand for biofuels is also eating up grain production, and boosting prices.
[ Most people have no idea our environment is still required to grow food. "It isn't all made out of plastic? Could have fooled me!" Watch some "genius" get an award for figuring out we now need to grow all of our food in sealed greenhouses. ]
http://www.time.com/time/world/article/0,8599,1656570,00.html?cnn=yes