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FRIDAY, NOVEMBER 27, 2009
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US Predicts Bumper Crops Will Ease Food Crisis

Record-breaking grain harvests worldwide expected to bring prices back down

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(Newser) – Farmers worldwide will reap record-breaking harvests of wheat and rice this year, the US projects, and the news is expected to ease some of the worldwide concern about food prices. The USDA says good weather will bring bumper crops that will replenish depleted stocks, Reuters reports. Analysts warned, however, that prices will remain high for some time and that the world's poor will still need food aid.

"This should take the edge off commodity prices," said one US analyst.

A Cambodian man carries rice at a paddy rice farm in Bekpeang village, Kampong Cham province, about 45 kilometers (28 miles) north of Phnom Penh, Cambodia, Wednesday, May 7, 2008.
A Cambodian man carries rice at a paddy rice farm in Bekpeang village, Kampong Cham province, about 45 kilometers (28 miles) north of Phnom Penh, Cambodia, Wednesday, May 7, 2008.   (AP Photo/Heng Sinith)
Bangladeshi workers dry paddy at a rice mill in Dhamrai district on the outskirts of Dhaka, Bangladesh, Wednesday, April 9, 2008.
Bangladeshi workers dry paddy at a rice mill in Dhamrai district on the outskirts of Dhaka, Bangladesh, Wednesday, April 9, 2008.   (AP Photo/Pavel Rahman)
Wheat grows in a field outside the Banner Co-op in Banner, Okla., Friday, May 9, 2008.
Wheat grows in a field outside the Banner Co-op in Banner, Okla., Friday, May 9, 2008.   (AP Photo/Sue Ogrocki)
Wheat in a field near Mullinville, Kan.sas, June 19, 2007. The US government has predicted record wheat crops for 2008.
Wheat in a field near Mullinville, Kan.sas, June 19, 2007. The US government has predicted record wheat crops for 2008.   (AP Photo/Charlie Riedel)
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