Search This Blog

Loading...

Sunday, April 22, 2012

Climate change may create price volatility in the corn market

Climate change may create price volatility in the corn market
By the time today's elementary schoolers graduate from college, the U.S. corn belt could be forced to move to the Canadian border to escape devastating heat waves brought on by rising global temperatures. If farmers don't move their corn north, the more frequent heat waves could lead to bigger swings in corn prices – "price volatility" – which cause spikes in food prices, farmers' incomes and the price livestock farmers and ethanol producers pay for corn.
Enhanced by Zemanta

No comments:

Post a Comment