U.S. drought could pinch world’s poor, says think tank IFPRI
Mon, 6 Aug 2012 20:14 GMT
Source: reuters // Reuters
WASHINGTON, Aug 6 (Reuters) – Drought in the U.S. farm belt may result in higher prices for poor people around the world, according to the head of an agricultural think tank who on Monday also recommended a halt to ethanol production from corn.
Shenggen Fan, director general of the International Food Policy Research Institute, said the global spike in food prices in 2008 showed how poor crops and tight supplies have wide impact. I FP RI is the analytical arm of a coalition of agricultural research facilities.