Byron Wien Announces “The Ten Surprises” for 2013
7. Climate change contributes to another year of crop failures, resulting in grain and livestock prices rising significantly.9/16/12: USDA forecasts lower corn and soybean production
Globally, USDA is still projecting the second-largest corn crop in history. Production in Argentina is up more than 30 percent over last year, while Mexico increased output 19 percent, South Africa 17 percent, Canada 9 percent, and China 4 percent. [Via DB]
No comments:
Post a Comment