We’ll be paying more for bread very soon
Russia today said it would ban wheat exports for the rest of the year amid a brutal drought, sending prices for the grain soaring to their highest level in two years. The upshot is that US shoppers will likely have to pay a bit more for bread, cereal, or pasta in the next 2 to 6 months, says an economist with the US Department of Agriculture.
The rally in wheat is also helping drive up prices for corn, oats, and soybeans. That’s good news for US farmers, whose crops will help make up some of the shortfall in exports from Russia and other countries with damaged crops such as Ukraine, Kazakhstan, and Canada.
Read more: http://www.newser.com/story/97390/youll-be-paying-more-for-bread-soon.html#ixzz0vmJOkm45
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Professor Mike
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Invade Russia!
Excellent idea!! I love the smell of napalm in the morning. 🙂
The scary thing is this was predicted years ago when global warming was first being investigated. This is just one of many droughts to come. Scientists say nothing will get better, only worse.
The good thing is US farmers will have more money to spend and farmers like spending money on new toys.
Well that really sucks. Cereal is one of those foods I can’t live without.