Monday, June 15, 2009

Where is the bailout ?

A coupe of news articles this past week that have caught our attention this week

A ‘time bomb’ for world wheat crop (LA TIMES)

Crop scientists fear the Ug99 fungus could wipe out more than 80% of worldwide wheat crops as it spreads from eastern Africa. It has already jumped the Red Sea and traveled as far as Iran. Experts say it is poised to enter the breadbasket of northern India and Pakistan, and the wind will inevitably carry it to Russia, China and even North America — if it doesn’t hitch a ride with people first.

Dairy farmers in desperate straits (LA TIMES)

Falling prices are forcing many to sell their cows for meat. Some are threatening to dump milk into sewers. Two have committed suicide. In California, the No. 1 dairy state, the pain is felt keenly.

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