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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (3944)	4/18/2006 5:50:47 PM
From: Crocodile	Read Replies (3) \| Respond to of 24210

The economic indicator most likely to signal serious trouble in the deteriorating relationship between the global economy and the earth's ecosystem is grain prices. Last weekend, I was talking to one of the locals who grows grain corn. He said he's not even going to seed even half of what he plowed down last autumn -- he usually grows something over 500 acres. Said most of the other cash-crop farmers in the area are either cutting back or not seeding at all as they all lost a lot of money on last year's crop due to crappy grain prices and a huge jump in fuel and fertilizer input costs. He didn't lose quite so bad as some of the other farmers but he said he figures it's going to go way worse this year. Add that to the weird spring and what looks like it might shape up to be a very dry year, and I think grain supplies -- at least grain corn, is going to be in very tight supply this year. Bet the same happens to wheat. ~croc