Food security may become a serious issue -- for everybody.
Ag economist: World grain demand straining U.S. supply
WEST LAFAYETTE, Ind. - Consumers usually reduce their purchases of goods and services if prices become too high. Buyers of United States corn, soybeans and wheat seem to be ignoring that economic principle, however, as the nation's grain stocks reach critically low levels, said Chris Hurt, a Purdue University agricultural economist.
With global demand for grain and oilseeds at record levels and...(complete article here).
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