Sunday, September 30, 2012

How Huge Food Corporations Will Make Upcoming Food Price Hikes Even Worse

An interesting quote this morning from an article I read called, "How Huge Food Corporations will Make Upcoming Food Price Hikes Even Worse"
First the quote, then a link to the article if you're interested.
(And there's a print link if you're like me and prefer to read articles without all the flashing ads on the side)

"Nearly 90 percent of U.S. cropland is comprised of just four crops. This year, the USDA estimates [10] that the nearly 30 percent of U.S. cropland is planted in corn, 23 percent in soybeans, 18 percent in hay, and 17 percent in wheat. Of these, only wheat is significantly different from the others: it mostly goes to feed humans (not livestock), it is less affected by the drought [11] in the U.S., and the U.S. is not the world’s top producer (it’s fourth)."

Here's the link to the article. It's worth a careful read.
How Huge Food Corporations Will Make Upcoming Food Price Hikes Even Worse