What is the effect of global warming on US wheat stocks and the price of bread? 2007 closing stocks were a at a 60 year low of 280 million bushels and falling fast because other countries are buying. The price of wheat has gone from $220 to $420 per tonne in the last year. The remaining stock is about 55 lb of wheat per capita. How many days will the existing stock last at current rates of consumption? What will happen if the IPCC predictions of reduced wheat yields due to altered rainfall patterns in the SW US are correct?

A much more detailed analysis of the effects on agriculture, water supplies and qualiity, and electrical demand appears in this report to Congress, including a reminder of our experience with 50% reduction in yields:

The Potential Effects of Global Climate Change on the United States
http://www.epa.gov/climatechange/effects...
%26quot;The effects of a warmer climate alone would generally reduce wheat and corn yields. Yield changes range from + 15 to -90%.%26quot;
%26quot;Dryland farmers in the Great Plains are particularly vulnerable to climate variability. The Great Plains States of Nebraska, Kansas, Oklahoma, and Texas were the hardest hit during the Dust Bowl of the 1930s (Worster, 1979; Hurt, 1981). Yields of wheat and corn dropped as much as 50% below normal, causing the failure of about 200,000 farms and migration of more than 300,000 people from the region.%26quot;
http://www.vnunet.com/business-green/new...
http://www.forbes.com/markets/feeds/afx/...

If a farmer used his land to grow wheat, when he sees the price of corn rising, he will switch to growing corn. This will decrease the supply of wheat (or any other commodity) and increase its price. Basic 101 Economics.

Populations have gone up every where . The devaluing of the dollar and the reserves that other country have is causing them to buy up US grain reserves an future crops . An there is nothing stopping them . But all this will be blamed on global warming as an escape goat . Not on our failed finance system .