"Price-of-Bread Alert" -- Market Sees Climate-Driven Wheat-Harvest Shortfall
"Global wheat crops are taking it on the chin, thanks to a drought and fires in Russia, too much rain in Canada, and locusts in Australia. Prices are at levels not seen in almost two years." Climate-driven harvest failures in other parts of the world may be good news for US grain dealers -- and may alter the balance of UN climate talks.