Another Key Shortage: Fertilizer

International 'Year of the Potato' to highlight tuber's virtues

(NEWSER) - Sharp hikes in the prices of staples like wheat and rice are sending shockwaves around the world and convincing governments to rediscover the virtues of the potato, Reuters reports. Spuds are nutritious, will grow just about anywhere, and they yield up to four times more food per acre than other staples. Peruvians, faced with soaring wheat prices, have been switching to potato bread. More»

(NEWSER) - The various sectors of the global economy have become so entwined with food production that prices are acting in a very “puzzling” manner, the Economist reports. Last year, the market responded rationally to the global food crisis of 2007-08, increasing production and thus lowering prices. But with another bumper crop expected, prices are up, “increasing at a time of plenty.” More»

Ideal growing weather wipes out flood fears

(NEWSER) - America's farmers are on track to deliver the second-biggest corn harvest ever despite June floods, according to the Department of Agriculture. Shortages were predicted after severe flooding swamped fields, but the Midwest has had ideal corn-growing weather since, the New York Times reports. A healthy soybean crop is also expected. More»

Food prices repercussions will be felt around the state

(NEWSER) - The floods ravaging the Midwest are taking a catastrophic toll on the region's farmers, and consumers across the country will feel the pinch in higher food prices, MSNBC reports. Even if waters recede quickly, farmers will lose a sizable chunk of the season—they need about 120 growing days—and it may take some farms years to recover. Summed up an official in Illinois: “Livestock was affected. Farmhouses were affected. Machinery was affected, and the land was affected.” More»

But some worry what happens when bottom falls out of farming

(NEWSER) - Billions of investment dollars are pouring into agriculture as the global demand for food explodes, turning crops such as wheat, corn, and soybeans into green gold, reports the New York Times. And while the immediate impact of more money being fed into agriculture will likely result in increased food production, some critics worry the boom could go bust just as quickly. More»