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    20080910
    PEOPLE News.
    GORDON SMITH News. Oregon Republican Politician Gordon Harold Smith News.Gordon SmithILLEGAL News. LAW News. LAWMAKER News.IllegalIMMIGRATION News.ImmigrationBUSINESS News. MONEY News. FINANCIAL News. WEALTH News.BusinessFOOD News.FoodWORKER News. WORKFORCE News.WorkersPOLITICS News. POLITICIAN News.PoliticsAGRICULTURE News.AgricultureREAL ESTATE PROPERTY News. Mansion News. Condominium News.PropertyHISTORY News.HistoryOREGON News.OregonMd News: MARYLAND NewsMdHAWAII News.HawaiiUTAH News.UtahWASH News: WASHINGTON News.Wash
    "Señor Smith: Low-wage Latino workers keep [Oregon Republican Senator] Sen. Gordon Smith’s family business humming. Not all of them are legal." ... "Up on a hill overlooking this Eastern Oregon town of 701 people, Smith Frozen Foods turns raw produce from the surrounding fields into ready-to-eat products." ... "Smith’s goods appear in grocery stores under other brand names. But in tiny Weston [Oregon], a water tank emblazoned with the capital letters S-M-I-T-H sits like a sentry greeting travelers on nearby Highway 11." ... "Gordon Smith, a United States senator from Oregon and the only Republican senator representing a West Coast state, has owned the plant his grandfather founded in 1919 for nearly 30 years." ... "“Son,” father Milan Smith once said, according to Gordon Smith’s 2006 memoir, “you can sell ice to Eskimos and coals to Newcastle.”" ... "Today, Smith Frozen Foods generates millions in income for the senator, according to Smith’s 2007 financial disclosure report." ... "And in this town, Smith’s wealth looms large, even though the 56-year-old lawmaker seldom visits and calls nearby Pendleton [Oregon] his home. According to the Center for Responsive Politics, Smith is the 12th-richest member of the U.S. [United States] Senate, with an estimated net worth between $8 million and $39 million—wealth that’s allowed him to buy a $3.5 million mansion in Bethesda, Md. [Maryland], property on the Hawaiian island of Kauai, a Park City, Utah, condominium and—more famously—four antique golf clubs worth $1.25 million." ... "The workers at Smith Frozen Foods, who clean the machinery, monitor production and pack upward of 50 million pounds of produce each year, earn about $80 a day, four or five days a week, 10 months a year—if they’re lucky." ... "One other thing—some of them appear to be illegal immigrants." ... "WW recently spent several days in Weston, and the nearby cities of Milton-Freewater [Oregon] and Walla Walla, Wash. [Washington], where most of Smith’s employees live. WW spoke to dozens of current and former Smith workers, Latino advocates, court personnel, public defenders, educators, police administrators, church officials, social service agents and business owners and determined that some portion of Smith’s workforce comprises undocumented immigrants." ... "It’s a revelation that may not be newsworthy around Weston, where most people this reporter interviewed knew, or assumed, that the agricultural processing plant hired illegal immigrants." ... "Additional interviews and review of public records reveal that Smith’s company appears to have employed illegal immigrants for decades, stretching back as far as the 1980s." -By Beth Slovic -WWeek.com
    20080619
    FLOOD News. WATER News. Streams and Creeks News. Flood Plains News. FLOODING News. RAIN News.
    DISASTER NewsDisasterENVIRONMENT News. NATURE News.EnvironmentHUMAN News.HumanAGRICULTURE News.AgricultureLAND News. LANDSCAPE News.LandSCIENCE News.ScienceIOWA News. IOWAN News.IowaHISTORY News.HistoryWEATHER News.Weather
    "Iowa Flooding Could Be An Act of Man, Experts Say." ... "[Cedar Falls, Iowa college professor and City Council member Kamyar] Enshayan, director of an environmental center at the University of Northern Iowa, suspects that this natural disaster wasn't really all that natural. He points out that the heavy rains fell on a landscape radically reengineered by humans. Plowed fields have replaced tallgrass prairies. Fields have been meticulously drained with underground pipes. Streams and creeks have been straightened. Most of the wetlands are gone. Flood plains have been filled and developed." ... ""We've done numerous things to the landscape that took away these water-absorbing functions," he said. "Agriculture must respect the limits of nature."" ... "Officials are still trying to understand all the factors that contributed to Iowa's flooding, and not everyone has the same suspicions as Enshayan. For them, the cause was obvious: It rained buckets and buckets for days on end. They say the changes in land use were lesser factors in what was really just a case of meteorological bad luck." ... "But some Iowans who study the environment suspect that changes in the land, both recently and over the past century or so, have made Iowa's terrain not only highly profitable but also highly vulnerable to flooding." ... "" (1, 2) -By Joel Achenbach with contributions by Kari Lydersen -WashingtonPost
    20080611
    ACCOUNTING News.
    BARACK OBAMA News.Barack ObamaJOHN MCCAIN News.John McCainMONEY News.MoneyPOLITICS News. POLITICIAN News.PoliticsWORKERS News.WorkersRETIREES News. SENIORS News.RetireesHOMEOWNERS News. HOUSEHOLDS News.HomeownersSTUDENTS News.StudentsFARMERS News.FarmersFAMILIES News.FamiliesUS DEBT News.US_DebtLAW News.LawILLINOIS NewsIllinoisARIZONA News.Arizona2008 ELECTION News2008 Election
    "A Preliminary Analysis of the 2008 Presidential Candidates' Tax Plans." [Full Report PDF] ... "Senator [from Illinois and 2008 Election Democratic Presidential Candidate Barack] Obama would permanently extend certain provisions of the 2001 and 2003 tax cuts primarily affecting taxpayers with incomes under $250,000; increase the maximum rate on capital gains and qualified dividends; and enact new and expanded targeted tax breaks for workers, retirees, homeowners, savers, students, and new farmers. Senator [from Arizona and 2008 Election Republican Presidential Candidate John] McCain proposes to extend permanently the AMT "patch" that has prevented most individuals and families with incomes below $200,000 from being affected by the tax, and in our interpretation of his proposal, Senator Obama would do the same." ... "Although both candidates have at times stressed fiscal responsibility, their specific non-health tax proposals would reduce tax revenues by $3.7 trillion (McCain) and $2.7 trillion (Obama) over the next 10 years, or approximately 10 and 7 percent of the revenues scheduled for collection under current law, respectively. Furthermore, as in the case of [Republican] President Bush's tax cuts, the true cost of McCain's policies may be masked by phase-ins and sunsets (scheduled expiration dates) that reduce the estimated revenue costs. If his policies were fully phased in and permanent, the ten-year cost would rise to $4.1 trillion, or about 11 percent of total revenues." -TaxPolicyCenter.org
    20080603
    ENVIRONMENT News. DEFORESTATION News. RAINFOREST News. ENVIRONMENTALISTS News.
    BRAZIL News.BrazilSATELLITE News. SPACE News.SatellitePHOTOGRAPHS News.PhotographsGLOBAL News.Global -CLIMATE News.ClimateCARBON DIOXIDE News. GREENHOUSE GASES News. ATMOSPHERE News. AIR News.GasesFOOD News.FoodANIMAL News.AnimalsFARMING News. AGRICULTURE News.FarmingILLEGAL News. LAW News.IllegalBUSINESS News.Business
    "New satellite photos show Amazon deforestation exploding." ... "New satellite photographs show that the destruction of Brazil's fragile Amazon rainforest has exploded this year, fueling fears that the government's efforts to stop deforestation have been fruitless." ... "Brazil's DETER real-time monitoring system found that more than 430 square miles of forest, an area a bit smaller than the city of Los Angeles, vanished in the month of April, while about 2,300 square miles, larger than the state of Delaware, were destroyed between last August and April." ... "That nine-month total surpassed the entire acreage in the Amazon that was destroyed over the previous 12 months, according to DETER data. What's worse, the satellites couldn't see about half of the forest in April due to cloud cover, suggesting that actual deforestation likely was much greater." ... "That's raised red flags among environmentalists, who say that soybean farming, cattle production and illegal logging are destroying the world's largest rainforest despite the government's attempts to halt the deforestation." ... "Chopping down and burning the rainforest releases tons of carbon dioxide and other greenhouse gases into the atmosphere, contributing to global climate change. Brazil is the world's fourth-largest emitter of greenhouse gases, largely because of deforestation, according to the U.S.-based World Resources Institute." ... "Worse is yet to come, environmentalists said." ... "The Amazon's dry season, when farmers do most of their burning and clearing, starts this month." -By Jack Chang -McClatchyDC.com
    20080509
    FEDERAL News. GOVERNMENT News.
  • CONSUMERS NewsConsumersFOOD News. Beef News. Meat News.FoodSAFETY News.SafetyHUMANS News.HumansHEALTH News.HealthLAW News.LawPOLITICS News. POLITICIAN News.PoliticsANIMALS News. Cow News.AnimalsAGRICULTURE News. Agriculture Department News. Farms News.AgricultureBUSINESS News.BusinessKAN News: KANSAS NewsKanUS AMERICAN NewsUSJAPAN News.Japan - "Government asks court to block wider testing for mad cow." ... "The [Republican President] Bush administration on Friday urged a federal appeals court to stop meatpackers from testing all their animals for mad cow disease, but a skeptical judge questioned whether the government has that authority." ... "The government seeks to reverse a lower court ruling that allowed Arkansas City, Kan.[Kansas]-based Creekstone Farms Premium Beef to conduct more comprehensive testing to satisfy demand from overseas customers in Japan and elsewhere." ... "Less than 1 percent of slaughtered cows are currently tested for the disease under Agriculture Department guidelines. The agency argues that more widespread testing does not guarantee food safety and could result in a false positive that scares consumers." ... "Mad cow disease, or bovine spongiform encephalopathy, can be fatal to humans who eat tainted beef. Three cases of mad cow disease have been discovered in the U.S. [United States] since 2003." -By Sam Hananel -AP via -SFGate.com
  • 20080430
    FOOD News. CORN and PALM OIL News. GRAIN STOCKS News. MEAT News. CORN BELT News.
  • FARMERS News. AGRICULTURE News. CROPS News.AgricultureFACTORIES News.FactoryPRICE News. COMPANIES News. MONEY News.CompaniesPOOR News.PoorPEOPLE News.PeopleNUTRITION News.NutritionHEALTH News.HealthUS AMERICAN News.USUN News: United Nations News.WORLD News.WorldFOSSIL FUELS News. BIOFUELS News. NATURAL GAS News. ENERGY News.BiofuelGAS News. OXYGEN News. AIR News.AirSOIL News. GROUND News. EARTH News.SoilWATER News. STREAMS News. GROUNDWATER News. SEA News. MARINE News.WaterENVIRONMENTAL News.EnvironmentANIMAL News.AnimalsPLANT News.PlantsSCIENCE News.Science - "Shortages Threaten Farmers’ Key Tool: Fertilizer." ... "Some kinds of fertilizer have nearly tripled in price in the last year, keeping farmers from buying all they need. That is one of many factors contributing to a rise in food prices that, according to the United Nations’ World Food Program, threatens to push tens of millions of poor people into malnutrition." ... "Rising demand for food and biofuels prompted farmers everywhere to plant more crops." ... "Fertilizer companies are confident the shortage will be solved eventually, noting that they plan to build scores of new factories. But that will probably create fresh problems in the long run as the world grows more dependent on fossil fuels to produce chemical fertilizers." ... "The demand for fertilizer has been driven by a confluence of events, including population growth, shrinking world grain stocks and the appetite for corn and palm oil to make biofuel. But experts say the biggest factor has been the growing demand for food, especially meat, in the developing world." ... "Fertilizer is plant food, a combination of nutrients added to soil to help plants grow. The three most important are nitrogen, phosphorus and potassium. The latter two have long been available. But nitrogen in a form that plants can absorb is scarce, and the lack of it led to low crop yields for centuries." ... "That limitation ended in the early 20th century with the invention of a procedure, now primarily fueled by natural gas, that draws chemically inert nitrogen from the air and converts it into a usable form." ... "Environmental groups fear increased use, particularly of nitrogen fertilizer made using fossil fuels. Because plants do not absorb all the nitrogen, much of it leaches into streams and groundwater. That runoff has long been recognized as a major pollution problem, and it is growing." ... "A barometer of the pollution is the rising number of dead zones where rivers meet the sea. In the Gulf of Mexico, for instance, nitrogen runoff from fields in the Corn Belt washes downstream and feeds plant life in the gulf. The algae blooms suck oxygen from the water, killing other marine life." (1, 2) -By Keith Bradsher and Andrew Martin -NYTimes 
  • 20080421
    OPINION News.
  • GLOBAL News.GlobalPLANET EARTH News. LAND News.PlanetOIL News. ENERGY News.OilFOOD News. Meat News.FoodAGRICULTURE News, Food Production News.AgricultureCAR-DRIVING News.CarECONOMIC News. INVESTORS News. COMMODITY News. MONEY News.EconomyCHINA News. CHINESE News.China - "Running Out of Planet to Exploit." ... "Last week, oil hit $117." ... "Food prices have also soared, as have the prices of basic metals. And the global surge in commodity prices is reviving a question we haven’t heard much since the 1970s: Will limited supplies of natural resources pose an obstacle to future world economic growth?" ... "How you answer this question depends largely on what you believe is driving the rise in resource prices. Broadly speaking, there are three competing views." ... "The first is that it’s mainly speculation — that investors, looking for high returns at a time of low interest rates, have piled into commodity futures, driving up prices." ... "The second view is that soaring resource prices do, in fact, have a basis in fundamentals — especially rapidly growing demand from newly meat-eating, car-driving Chinese — but that given time we’ll drill more wells, plant more acres, and increased supply will push prices right back down again." ... "The third view is that the era of cheap resources is over for good — that we’re running out of oil, running out of land to expand food production and generally running out of planet to exploit." ... "I find myself somewhere between the second and third views." ... "There are some very smart people — not least, George Soros — who believe that we’re in a commodities bubble (although Mr. Soros says that the bubble is still in its “growth phase”)." -By Paul Krugman -NYTimes 
  • 20080414
    FOOD News. Food Prices News: Eggs, Milk, Dairy Products, Chicken, Poultry News. Bakeries, Bagel Shops and Delis News.
  • CUSTOMERS News. CONSUMER NewsConsumerMONEY News.MoneyHISTORY News.HistoryPOOR News.PoorFAMILIES News.FamiliesAGRICULTURE News. USDA News: United States Department of Agriculture News.Agriculture - "Food Costs Rising Fastest in 17 Years." ... "The U.S. [United States] is wrestling with the worst food inflation in 17 years, and analysts expect new data due on Wednesday to show it's getting worse. That's putting the squeeze on poor families and forcing bakeries, bagel shops and delis to explain price increases to their customers." ... "U.S. food prices rose 4 percent in 2007, compared with an average 2.5 percent annual rise for the last 15 years, according to the U.S. Department of Agriculture. And the agency says 2008 could be worse, with a rise of as much as 4.5 percent." ... "Eggs cost 25 percent more in February than they did a year ago, according to the USDA [United States Department of Agriculture]. Milk and other dairy products jumped 13 percent, chicken and other poultry nearly 7 percent." -By Ellen Simon -AP via -SFGate.com 
  • 20080331
    MONEY News.
  • FOOD News. CORN News. GRAIN News. GROCERY News. SOYBEAN News.FoodFARMERS News. AGRICULTURE News. GRAIN FARMERS News. Department of Agriculture News. FARM News.AgriculturePLANT News. PLANTING News.PlantLAND News.LandHISTORY News.HistoryETHANOL News. ETHANOL COMPANIES News. FUEL News.EthanolCOMPANIES News.CompaniesLIVESTOCK News. ANIMAL News. Livestock Producers News.AnimalCONSUMERS NewsConsumers - "Corn forecast suggests rise in food prices is ahead." ... "U.S. [United States] farmers plan to cut back corn planting and boost soybean production, a shift that could send ripples from the farm belt to your grocery bills." ... "The U.S. Department of Agriculture on Monday released its prospective plantings report. The report, which came amid surging grain prices, bore news that affects grain farmers, livestock producers, ethanol companies, food processors and, ultimately, consumers." ... "Corn plantings are expected to fall 8 percent this year, to 86 million acres, according to the Department of Agriculture. Last year farmers planted a post-World War II record of nearly 94 million acres of corn to meet burgeoning demand for ethanol, which is expected to soon absorb about 30 percent of domestic corn production." ... "“Last year many soybean growers switched from soybeans to corn as ethanol expansion strongly increased the demand for corn,” the Department of Agriculture said." ... "This year, though, many of the 86,000 farmers surveyed for the report said they were shifting production back toward soybeans, which had surged in price. Soybean planting is expected to increase 18 percent this year, to almost 75 million acres." ... "Corn is trading near its record-high price of $5.70 a bushel, more than double the price of two years ago. Soybeans are hovering around $12 a bushel, nearly double last year’s level." (1, 2) -By Victoria Sizemore Long -KansasCity.com
    NOTEWORTHY News.
  • FOOD News. GRAIN News. WHEAT News. Dairy and Meat News. Food and Agriculture News.FoodCRISIS News. DISASTER News.CrisisWORLD News. GLOBE News. NATIONS News. COUNTRIES News.WorldPEOPLE News.PeopleFARMERS News. FARM News.FarmersLAND News.LandFUEL News.FuelINVESTMENT MONEY News. PRICES News. WEALTH News.MoneyPOLITICS News.PoliticsHISTORY News.HistoryWEATHER News.WeatherDROUGHT News. WATER News.DroughtCHINA NewsChinaUN News: United Nations News.UN - "Tensions rise as world faces short rations." ... "Food prices are soaring, a wealthier Asia is demanding better food and farmers can't keep up. In short, the world faces a food crisis and in some places it's already boiling over." ... "Around the globe, people are protesting and governments are responding with often counterproductive controls on prices and exports -- a new politics of scarcity in which ensuring food supplies is becoming a major challenge for the 21st century." ... "Plundered by severe weather in producing countries and by a boom in demand from fast-developing nations, the world's wheat stocks are at 30-year lows. Grain prices have been on the rise for five years, ending decades of cheap food." ... "Drought, a declining dollar, a shift of investment money into commodities and use of farm land to grow fuel have all contributed to food woes. But population growth and the growing wealth of China and other emerging countries are likely to be more enduring factors." ... "World population is set to hit 9 billion by 2050, and most of the extra 2.5 billion people will live in the developing world. It is in these countries that the population is demanding dairy and meat, which require more land to produce." ... "In 2007 alone, according to the U.N. [United Nations] Food and Agriculture Organization's world food index, dairy prices rose nearly 80 percent and grain 42 percent." [see also: Agflation] (1, 2, 3, 4, 5) -By Russell Blinch and Brian Love with contributions by Ayesha Rascoe, Missy Ryan, Alistair Thomson, Ho Binh Minh and Eddie Evans -Reuters 
  • 20080314
    NOTEWORTHY News.
  • POLITICIAN News. POLITICS News.PoliticalGOVERNMENT News.GovernmentENVIRONMENTAL News. EPA News: Environmental Protection Agency News.EnvironmentalAIR News. OZONE News. AIR POLLUTION News.AirSCIENTIFIC News. SCIENCE News.ScienceHEALTH News. UNHEALTHY News. Public Health News.HealthPEOPLE News.PeopleFARMLAND News. FARM AGRICULTURE News.FarmLAND News.LandWILDLIFE News. ANIMALS News.AnimalsCLEAN AIR ACT News. Clean Air Act Law News.Clean Air ActLAW News. UNLAWFUL News. LAWYERS News. LEGAL News.LawINDUSTRY News.IndustryMOTOR VEHICLES News. MOTOR News. VEHICLES News.Motor Vehicles - "Ozone Rules Weakened at Bush's Behest: EPA Scrambles To Justify Action." ... "The Environmental Protection Agency weakened one part of its new limits on smog-forming ozone after an unusual last-minute intervention by [Republican] President Bush, according to documents released by the EPA." ... "EPA officials initially tried to set a lower seasonal limit on ozone to protect wildlife, parks and farmland, as required under the law. While their proposal was less restrictive than what the EPA's scientific advisers had proposed, Bush overruled EPA officials and on Tuesday ordered the agency to increase the limit [of allowable air pollution], according to the documents." ... ""It is unprecedented and an unlawful act of political interference for the president personally to override a decision that the Clean Air Act leaves exclusively to EPA's expert scientific judgment," said John Walke, clean-air director for the Natural Resources Defense Council." ... "The president's order prompted a scramble by administration officials to rewrite the regulations to avoid a conflict with past EPA statements on the harm caused by ozone." ... "Solicitor General Paul D. Clement warned administration officials late Tuesday night that the rules contradicted the EPA's past submissions to the Supreme Court, according to sources familiar with the conversation. As a consequence, administration lawyers hustled to craft new legal justifications for the weakened standard." ... "Ozone, which is formed when pollutants such as nitrogen oxides and other chemical compounds released by industry and motor vehicles are exposed to sunlight, is linked to an array of heart and respiratory illnesses." (1, 2) -By Juliet Eilperin -WashingtonPost
  • 20080313
    HEALTH News.
  • FEDERAL News.FederalFOOD News.FoodSAFETY News.SafetyHISTORY News.HistoryAGRICULTURE News.AgricultureANIMAL News. CATTLE News. COW News.AnimalCOMPANY News. MONEY News.CorporationPOLITICS News.PoliticsCALIFORNIA News.California - "House grills meat packing chief: 'Downer' cow beef may have been consumed." ... "The president of the company that was the subject of the largest meat recall in U.S. history admitted Wednesday that "downer" cattle -- cows that cannot stand because of sickness or injury -- were slaughtered by his company and could have made it into the food supply." ... "Steve Mendell of California-based Westland/Hallmark Meat Packing Co. made the concession to the House Oversight and Investigations subcommittee after he was shown a video provided by the Humane Society of the United States that featured a downer cow being slaughtered in a kill box." ... "Under pressure from federal agriculture officials, the company recalled 143 million pounds of ground beef last month and laid off 220 workers." ... "Ailing cows are at greater risk of carrying E. coli, salmonella bacteria and the fatal neurological disorder known as mad cow disease." -By Whitney Blair Wyckoff -LAtimes  -ChicagoTribune 
  • 20080213
    MONEY News.
  • FOOD News. WHEAT Stockpiles News. Grain Exchange News. Spring Wheat News.FoodAGRICULTURE News.AgricultureHISTORY News.HistoryILLINOIS NewsIllinoisMINNESOTA News.MinnesotaUS AMERICAN News. United States News.USWORLD News.WorldDROUGHTS News. WATER News.Droughts/WaterWEATHER News.WeatherUNITED NATIONS News.United Nations - "In Price and Supply, Wheat Is the Unstable Staple." ... "With demand soaring abroad and droughts crimping supply, the world’s wheat stockpiles have fallen to their lowest level in 30 years, and stocks in the United States have dropped to levels unseen since 1948." ... "On Tuesday, prices for a sought-after variety, spring wheat, jumped to $16.73 a bushel on the Minneapolis Grain Exchange [Minneapolis, Minnesota], the latest of several records." ... "Though this week’s prices were nominal records, the inflation-adjusted record for wheat was set in the mid-1970s, when it exceeded $20 a bushel in today’s dollars after huge sales to the Soviet Union." ... "The Food and Agriculture Organization of the United Nations estimates that world wheat production will rise this year to nearly 664 million tons, from about 655 million tons — not enough to replenish stocks and push down prices." -By David Streitfeld -NYTimes 
  • 20080212
    MONEY News.
  • FOOD News. HIGH-PROTEIN SPRING WHEAT News.FoodAGRICULTURE News.AgricultureHISTORY News.HistoryILLINOIS NewsIllinoisMINNESOTA News.Minnesota - "Wheat Falls as Increased Global Planting May Boost Inventories." ... "Wheat futures for March delivery dropped 41 cents, or 3.9 percent, to $10.07 a bushel on the Chicago Board of Trade [Chicago, Illinois]. The contract reached a record $11.53 yesterday before closing down 45 cents, the first decline this month. Wheat fell 7.9 percent in the past two days, the biggest decline since Nov. 19, 2003." ... "On the Minneapolis Grain Exchange [Minneapolis, Minnesota], wheat for May delivery fell the exchange limit of 60 cents, or 4 percent, to $14.245 a bushel. The price rose 33 percent in January and almost tripled in the past year, partly because of a shortage of high-protein spring wheat." -By Tony C. Dreibus -Bloomberg 
  • 20080208
    NOTEWORTHY News.
  • FOOD News. WHEAT Price News. Grain Exchange News. Grain Markets News. Corn and Soybean News. Bread and Bagels News. Spring Wheat News.FoodAGRICULTURE News. FARMERS News. CROPS News.AgricultureMONEY News. MARKETS News. MARKETPLACE News.MarketsHISTORY News.HistoryCONSUMER NewsConsumerMINNESOTA News.MinnesotaSOUTH DAKOTA News.South DakotaNORTH DAKOTA News.North DakotaUS AMERICAN NewsUSWORLDWIDE News.Worldwide - "Record wheat price ignites food inflation fears: It's $15 a bushel at Minneapolis Grain Exchange [Minneapolis, Minnesota] and expected to keep climbing." ... "The highest wheat price in U.S. [United States] history - more than $15 a bushel - was reached Thursday in Minneapolis as a trading frenzy inflames the grain markets, fans fears of spiking food costs and revives worries about food shortages." ... "With wheat stockpiles dwindling, a worldwide scramble is under way for bushels of high-protein spring wheat, the variety grown in Minnesota and the Dakotas [South Dakota and North Dakota] and traded at the Minneapolis Grain Exchange [Minneapolis, Minnesota]. Already, spring wheat prices have tripled in the past year and are poised to move even higher." ... "Thursday's closing price of $15.23 a bushel may be jubilant news for wheat farmers and the rural Midwest, as the historic rally pushes corn and soybean prices near records, too. But it could mean new price shocks for consumers, and it already alarms food companies that need wheat for such consumer staples as bread, cereal, crackers and pasta." ... "In 2007, the rate of U.S. food inflation more than doubled to a 17-year high of 4.8 percent. Some expect that pace to nearly double again this year." ... "The [Minneapolis Grain Exchange] exchange was founded more than a century ago in an era when Minneapolis was the flour milling capital of the world, and it nourished local companies like General Mills, Pillsbury and Cargill. It remains the U.S. marketplace for spring wheat, a tough, high-protein variety that makes bread rise and bagels possible." ... "On Thursday, the local grain elevator in Halstad, Minn. [Minneapolis], was paying $16.13 per bushel for spring wheat. " -By Tom Webb -TwinCities.com
    MONEY News. ECONOMISTS News. TRADE News.
  • FOOD News. WHEAT News. Corn and Soybeans News.FoodAGRICULTURE News. FARMERS News. CROPS News.AgricultureHISTORY News.HistoryWEATHER News.WeatherILLINOIS NewsIllinoisUS AMERICAN NewsUSCHINA NewsChinaWORLD News. GLOBAL News.World - "Wheat Surges to Record as U.S. Supply May Drop to 60-Year Low." ... "Wheat rose to a record for a third day on the Chicago Board of Trade [in Chicago, Illinois] as the U.S. [United States] forecast its lowest inventories in 60 years." ... "U.S. stockpiles will drop to 272 million bushels at the end of May, 6.8 percent less than expected a month ago and down 40 percent from the prior year, the Department of Agriculture said in a report today. Inventories will be the lowest since 1948 when farmers grew less and shipped more wheat overseas to help rebuilding countries after World War II, economists said." ... "Wheat has more than doubled in the past year." ... "Wheat futures for March delivery rose 30 cents, or 2.8 percent, to a record $10.93 a bushel on the Chicago Board of Trade. The contract rose the 30-cent exchange limit for five straight days. The 16 percent gain this week is the biggest in history." ... "The rally in wheat has accelerated in the past year after weather damaged crops from the world's biggest producers. Rising food consumption in China and increased demand for corn and soybeans used to make alternative fuels also are eroding global crop supplies." ... "World inventories of all wheat are expected to fall to 109.7 million metric tons by the end of the marketing year on May 31, down 1.1 percent from the government's January estimate and the lowest since 1978, the USDA said." ... "Wheat was the fourth-biggest U.S. crop in 2006, valued at $7.7 billion, behind corn, soybeans and hay, government data show." -By Tony C. Dreibus -Bloomberg 
    NOTEWORTHY News.
  • BIOFUELS News. FUELS News. ENERGY News.BiofuelsPLANT News.PlantsGREENHOUSE GAS EMISSIONS News. AIR News.Greenhouse GasGLOBAL News.GlobalCLIMATE News.ClimateSCIENTISTS News. SCIENCE News.ScienceAGRICULTURE News. CROPLAND News.AgricultureLAND News. Planet News.LandENVIRONMENTAL News. ECOSYSTEMS News: Rain Forest News, Tropics News, Grasslands News, Scrubland News.EnvironmentalECONOMY News.EconomyFOOD News.Food - "Biofuels Deemed a Greenhouse Threat." ... "Almost all biofuels used today cause more greenhouse gas emissions than conventional fuels if the full emissions costs of producing these “green” fuels are taken into account, two studies being published Thursday have concluded." ... "The benefits of biofuels have come under increasing attack in recent months, as scientists took a closer look at the global environmental cost of their production. These latest studies, published in the prestigious journal Science, are likely to add to the controversy." ... "These studies for the first time take a detailed, comprehensive look at the emissions effects of the huge amount of natural land that is being converted to cropland globally to support biofuels development." ... "The destruction of natural ecosystems — whether rain forest in the tropics or grasslands in South America — not only releases greenhouse gases into the atmosphere when they are burned and plowed, but also deprives the planet of natural sponges to absorb carbon emissions. Cropland also absorbs far less carbon than the rain forests or even scrubland that it replaces." ... "Together the two studies offer sweeping conclusions: It does not matter if it is rain forest or scrubland that is cleared, the greenhouse gas contribution is significant. More important, they discovered that, taken globally, the production of almost all biofuels resulted, directly or indirectly, intentionally or not, in new lands being cleared, either for food or fuel." (1, 2) -By Elisabeth Rosenthal -NYTimes 
 
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