As calamities compound, the world food price will continue to rise with supply shortages. It's amazing to me how quickly Econ 201 comes back to me. I can just see those diagrams of apples and lines are various as the DC freeway system defiling what had started out as a perfectly normal graph. Well, just in case you doubted why it's worth keeping food production here in the US, this would be one of those good reasons. Agriculture keeps pulling this economy along.
And for your reading, check out this BBC article on GM pigs to reduce phosphorus build-up. We discussed this in class last quarter and the idea is very exciting, although the reality has yet to be charted.
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