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Record Temperatures Shrinking World Grain Harvest

Location: 1350 Connecticut Avenue, Suite 403, Washington, District of Columbia, 20036, United States
Contact person: Reah Janise Kauffman
Organization: Earth Policy Institute
Website: http://www.earth-policy.org/Updates/Update27.htm
Language(s): English
Media: Article or paper
Fax: 202.496.9325
Specialty: Marketing
Phone: 202.496.9290
Last updated: April 13, 2004

Description:

free on website, includes data
Lester R. Brown

On August 12 at 8:30 a.m., the U.S. Department of Agriculture released its monthly estimate of the world grain harvest, reporting a 32-million-ton drop from the July estimate. When grain futures markets opened later in the morning, prices of wheat, rice, and corn jumped.

This 32-million-ton drop, equal to half the U.S. wheat harvest, was concentrated in Europe where record-high temperatures have withered crops. The affected region stretched from the United Kingdom and France in the west through the Ukraine in the east. The searing heat damaged crops in virtually every country in Europe.
Permalink: http://www.idealist.org/if/i/en/av/Materials/81294-226/c

 

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