Australia Braces For Lean Wheat Harvest
Bad news from down under:
THE forecast size of the NSW grain crop has been cut by a further 40 per cent due to dry, hot and windy weather this month and last month.Could the outlook be even more worse? Yes.
. . .
It means the 2007-08 harvest is likely to be even smaller than the disastrous drought-ravaged 2006-07 harvest and the worst in more than a decade.
In the past year the price of wheat has more than doubled, to reach new highs, and this week the UN published a report that said the planet's water, land, air, plants, animals and fish stocks were all in "inexorable decline".The report cited is the United Nations Environmental Programme's Global Environment Outlook: environment for development (GEO-4). The threat to survival phrase may be a bit over the top, but there's little doubt in my mind that changes are coming which will impact to our way of life . . . and some of them won't be pleasant.It warned that the world's population of 6.75 billion "has reached a stage where the amount of resources needed to sustain it exceeds what is available" and climate change "may threaten humanity's very survival".
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