Catastrophic Fall in 2009 Global Food Production (Eric deCarbonnel)

Created by : Francis Goodwin View profile

  Feb. 9, 2009 (The Market Oracle) -- The world is heading for a drop in agricultural production of 20 to 40 percent, depending on the severity and length of the current global droughts.

  Food producing nations are imposing food export restrictions. Food prices will soar, and, in poor countries with food deficits, millions will starve.

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  • Date range
    Monday, February 16, 2009
  • Last modified
    Wednesday, November 06, 2013