Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
The USDA "is now predicting a global wheat production recovery for 2008."

And at the same time (Cite):

[Economist Glen] Langan added, "We're not in a wheat-challenged world, but we're certainly in a market where almost all foodstuffs and grains will cost more than our parent's generation."

So production in 2008 will recover, we're not in a wheat-challenged world, but prices are going to stay high and millions of people in the developing world won't be able to afford to pay market prices.

Silly ol' me thinks this is a necessary pre-condition for utter disaster in the developing world.  But, then, I'm not an Agricultural Economist.

The New User Guide will tell you.  Look for the section "How do I insert a picture?"

Basically the code is:

|img src="_Address of image inserted here"|

With the "|" replaced by "<" at the front and ">" at the end.  

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Fri May 16th, 2008 at 01:36:24 PM EST
ATinNM:
Silly ol' me thinks this is a necessary pre-condition for utter disaster in the developing world.

Of course Malthus has always been proven wrong.

I suppose the markets will have to step in and save everyone, again.

Maybe this is what economists mean by 'demand reduction'?

by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon May 26th, 2008 at 09:06:55 AM EST
[ Parent ]
Of course Malthus has always been proven wrong.

In the long run, so far.  In the short run think Irish Potato Famine.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue May 27th, 2008 at 12:51:58 AM EST
[ Parent ]
Silly me, of course Malthus was right in Ireland as well.  After all, the population did decline so as not to exceed the available food supply.  It was the fault of the Irish for not seeing the blight coming.

So sorry.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Tue May 27th, 2008 at 01:08:15 AM EST
[ Parent ]

Display:

Occasional Series