{"id":856,"date":"2012-08-13T15:24:49","date_gmt":"2012-08-13T19:24:49","guid":{"rendered":"http:\/\/www.indexmundi.com\/blog\/?p=856"},"modified":"2012-08-13T15:24:49","modified_gmt":"2012-08-13T19:24:49","slug":"world-supply-of-biggest-crops-decline-and-food-prices-rise","status":"publish","type":"post","link":"https:\/\/www.indexmundi.com\/blog\/index.php\/2012\/08\/13\/world-supply-of-biggest-crops-decline-and-food-prices-rise\/","title":{"rendered":"World Supply of Biggest Crops Decline and Food Prices Rise"},"content":{"rendered":"

\"\"<\/a><\/p>\n

The worst drought in fifty years has caused a decline in the stockpiles of crops such as corn, soybeans, rice and wheat, with the subsequent all-time increase in the prices of corn and soybeans. Good news for commodities investors.<\/p>\n

The drought has also affected fuel and power production which, in turn, have a negative effect on food prices. Read more…<\/p>\n

    \n
  1. Unfavourable weather behind the July rebound of the FAO Food Price Index – FAO Food Price Index [Food and Agricultural Organization of the United Nations<\/a>]<\/li>\n
  2. America’s disastrous corn harvest will hit world’s poor hardest [The Guardian<\/a>]<\/li>\n
  3. World food prices rising in response to drought damage in the US – Ole Hansen [TradingFloor.com<\/a>]<\/li>\n
  4. Global food reserves falling as drought wilts crops – Tony C. Dreibus and Elizabeth Campbell, Bloomberg [Futures Magazine<\/a>]<\/li>\n
  5. USDA slashes corn yield, production forecast – Bill Tomson [Market Watch<\/a>]<\/li>\n<\/ol>\n

     <\/p>\n

    <\/span><\/span><\/span><\/span><\/p>","protected":false},"excerpt":{"rendered":"

    The worst drought in fifty years has caused a decline in the stockpiles of crops such as corn, soybeans, rice and wheat, with the subsequent all-time increase in the prices of corn and soybeans. Good news for commodities investors. The drought has also affected fuel and power production which, in turn, have a negative effect […]<\/p>\n

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