Food & agriculture
Oil prices, at their highest levels for more than a decade, are trending upward. Natural gas prices are going out of sight. Yet more blips in the ups and downs of fuel costs? Or, as many believe, the start of an era of ever-more-expensive energy?
While Chinese Premier Wen Jiabao and President Bush discussed Taiwan, currency rates and North Korea on December 9, a more important and far-reaching development in U.S.-China relations was going on far from the White House.
Q: Do you think that we have changed the carrying capacity of the earth through fossil fuels to the extent that we could not support the current population with organic agriculture free of synthetic fertilizers?
DETROIT- PAUL WEERTZ lives less than 10 minutes from downtown, but the view from his window is anything but urban. On a warm day this fall, the air was ripe with the smell of fresh-cut hay and manure. In the alley behind his house, bales of hay teetered and listed where garbage cans once stood. Chickens scratched in the yard, near a garage that had been turned into a barn. Mr. Weertz drives a Ford — not a sleek sedan but a rebuilt 1960 tractor.
CHICAGO - Grain prices soared on Monday after the U.S. Agriculture Department jolted the world market by shrinking its estimates of last year's U.S. crops and its projections for 2004 world grain stockpiles.
Foreign corn production is expected to drop by 900 million bushels in the 2003-2004 crop year, according to University of Illinois Extension marketing specialist Darrel Good.
Decades of Environmental Neglect Shrinking Harvests in Key Countries
The Shifting Terms of Trade Between Grain and Oil. In 1970, a bushel of wheat could be traded for a barrel of oil in the world market. It now takes nine bushels of wheat to buy a barrel of oil.
Just as certain as death and taxes is the knowledge that we shall one day be forced to learn to live without oil.