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Monday Afternoon Music: Don Ross

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Love-Child of Cassandra and Sisyphus2/22/2010 5:16:36 pm PST

re: #608 Gus 802

Wow, I hadn’t realized it had gotten so bad there.

Last summer I looked a bit at the emerging grain crisis around the world, which has gotten worse overall these past few years (it might change season to season a bit, but the long term trend looks bad.) Put simply, when grain prices were skyrocketing a great deal of the third world can no longer afford to buy it. Even though grain prices are lower now, I doubt those Mongolians could afford to import any to stave off the loss of their herds.