If this happens, the agricultural community could suffer much as many people did after the recent housing-market implosion. It could significantly damage farmers, food production, certain banks, and bond holders who are the sole source of capital for some banks.
"Giving new meaning to toasted wheat, a team of agricultural researchers has spent the past three years and almost a million dollars installing electric heaters over wheat fields in the desert of Maricopa, Ariz."
"At the supermarket, most shoppers are oblivious to a battle raging within U.S. agriculture and the Obama administration’s role in it. Two thriving but opposing sectors — organics and genetically engineered crops — have been warring on the farm, in the courts and in Washington."
"With remnants of once-legal lead paint, leaded gasoline and other pollutants from the nation's industrial past tainting land in U.S. cities, soil researchers warn that the growing number of urban farmers and community gardeners need to test their dirt and take steps to make sure it's safe."
"The Food and Drug Administration said Tuesday it would halt imports of dairy products and produce from the area of Japan where a nuclear reactor is leaking radiation."
"An Idaho House committee supported Wednesday a move to seal off more data related to confined-animal feeding operations from the public eye, making it harder for the public to tell if state regulations are enforced."
Coffee yields from Columbia are declining and prices are rising, because of warmer, wetter weather. Many scientists think global warming is responsible.
"The mysterious collapse of honey-bee colonies is becoming a global phenomenon, scientists working for the United Nations have revealed."
"As prices for agricultural land surge across America’s grain belt, regulators are warning that a new real estate bubble may be forming."
"Corn-based ethanol is the renewable fuel environmentalists love to hate. But as turmoil in the Middle East and North Africa has sent oil prices soaring, U.S.-made ethanol is making a comeback."