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NEWS ABOUT: grain

More About:  food prices • corn • wheat • Midwest • ethanol • flood • US economy • corn shock • shortage • markets • crops • milk • explosion • flooding • recession • Kansas • eggs • rats • meat • famine • drought • hunger • farming • India • Iowa

3 Dead in Massive Kansas Explosion

Grain elevator blowout felt 4 miles away, creates huge fireball

(Newser) - A large explosion at a Kansas grain elevator yesterday killed at least three people, injured two others, and has at least three more missing, reports the AP . Officials say the explosion occurred around 7pm in the northeast Kansas town of Atchison, sending a massive fireball so high into the sky... More »

You'll Be Paying More for Bread Soon

Blame parched Russia, which is stopping wheat exports

(AP) - 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... More »

Indian State Recommends Eating Rats

Adding rodents to menu pushed as solution to food crisis

(Newser) - Faced with high food prices and ebbing grain reserves, officials in the Indian state of Bihar have endorsed the consumption of rats, Reuters reports. The state government sees the strategy as a way to reduce the pest population as well as curb the demand for grain, and has even proposed... More »

Producers Quick to Pass Price Hikes Down Food Chain

Pricier grain, energy make everything more expensive, from cereal to meat

(Newser) - Soaring grain and energy costs are driving food prices skyward, and big producers are moving to pass price hikes down the food chain to consumers on everything from cereal to meat, the Wall Street Journal reports. And costs won’t likely decrease, with biofuel demand eating up more corn than... More »

Floods Ruin Midwest Economy

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... More »

Grain Prices Surge With Midwest Floods

Water inundating heartland expected to drive food, oil prices still higher

(Newser) - The floods inundating the Midwest are pushing grain prices to new highs, the Wall Street Journal reports. Corn prices jumped 10% to a record high last week as farmland flooded. The domino effects will hit the ethanol industry, hog farmers, and even owners of catfish ponds who rely on corn... More »

Corn May Be Recipe for Disaster

Drought would ripple through US economy

(Newser) - The US is becoming so dependent on corn that a drought would have catastrophic effects that would ripple throughout the economy, reports the LA Times. Corn is essential as staple livestock feed, artificial sweetener, and a basic component of ethanol. A "corn shock" could lead to $5 gas and... More »

Pork Shortage Plagues China

Beijing dips into pork preserve to avoid crisis

(Newser) - Pigjacking is China's latest crime. Sounds like a joke? Crooks are scoffing the swine thanks to a boom economy and a pig shortage that has hogs highly valued. With a record winter storm stranding thousands and sparking unrest, Beijing is dipping into its official pork preserve—hoping to calm a... More »

Market Forces Conspire Against English Breakfast

Cost of traditional meal soars with grain prices

(Newser) - Soaring wheat prices are rippling across the British economy and hitting hard in a very important place: the kitchen. The cost of a traditional full English breakfast is on the rise, reports the Times of London, thanks in large part to the price of the grain, which is integral not... More »

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