Higher food prices may be here to stay

Outlet: Washington Post

March 14, 2011

Agronomist Roger Elmore suspected trouble in July, when Iowa’s cool summer nights didn’t get as cool as usual. The evening heat, he knew, could mean a smaller corn harvest at a time when global food markets are so tight that anything less than a bumper U.S. yield can send prices higher. The world now faces a crisis in food prices that has its roots in those warm Iowa evenings…

Read more...