NOAA's 8-14 Day Temperature Outlook
Here's the picture:
Compare that to where crops are grown.
And consider that this is probably a particularly sensitive time in the growing season.
This makes me more bullish on commodity prices than the current drought map does:
Compare that to where crops are grown.
And consider that this is probably a particularly sensitive time in the growing season.
This makes me more bullish on commodity prices than the current drought map does:
Micheal...it will be interesting to see how yields/temperatures/drought develop this year. Also, are we now starting to see a bubble in farm land prices..http://www.miamiherald.com/2011/07/15/2315750/down-on-the-farm-investors-see.html?
ReplyDeleteRegards and hope you are well!
Michael,
ReplyDeleteI would also like to add, that this is a serious issue. As you have made me aware, with your comments, a small drop in production may seem like academic exercise to some in the U.S.; however, in many areas around the world, a decrease in crop yields from climate change is devastating. Also, so far, the Midwestern U.S., has not been severely impacted by climate change…yet.
Also, I wanted to mention, the American Society of Agronomy, Crop Science Society of America, and Soil Science Society of America recently issued a joint statement on climate change: https://www.agronomy.org/files/science-policy/asa-cssa-sssa-climate-change-policy-statement.pdf
The Crop Science Society of America has issued a separate Crop Adaptation to Climate Change statement here: https://www.crops.org/files/science-policy/cssa-crop-adaptation-position-statement.pdf
Best regards,
Regards,
James Giese
Director of Science Communications
American Society of Agronomy
Crop Science Society of America
Soil Science Society of America
www.agronomy.org * www.crops.org * www.soils.org