Water fears lead Saudis to end grain output

[KNOWTHIS]

www.ft.com/cms/s/0/f02c1e94-e4d6-11dc-a495-0000779fd2ac.html?nclick_check=1

Water fears lead Saudis to end grain output

Saudi Arabia plans to halt wheat production by 2016 because of concerns about the desert kingdom's scarce water resources, according to a US government agency.

The Saudi Arabian government has not publicly given details of the move, which comes as global cereal prices surge, driven by strong demand and lagging supply. Top-quality wheat prices for baking bread hit a high this week of $25 a bushel and have more than doubled since January.


Saudi Arabia will begin reducing production annually by 12.5 per cent from next year and will use imports to bridge the domestic consumption gap, the US Department of Agriculture - which collects information on global supply and demand for agricultural commodities - said in a report about the Saudi plan.

[Mech]

Some places on the planet may be drying out...but the Northeast where I live certainly isn't. All of our reseviors are full or above capacity and I have never seen so many consecutive snowstorms exept mabye when i was a kid. The snow this year is insane. In fact...we are getting hit with at least 7 inches tonight as we speak.

Record cold this morning as well.

When i woke up...it was 4 below.

More and more people aren't able to heat their houses...or they simply dont eat to pay for it...thanks to the wondrous Bush economy.


I heat with Propane...but its still highway robbery to fill up my 2 150 gal tanks.

[Swamp Gas]

We know some people who are keeping their homes at 58 degrees F.

NY-NJ has another winter of record warm and hardly any snow again.

[Mech]

Wierd.

Im 4 to 4.5 hours North Of NYC and this year...we got hammered with both Snow...and Cold.

The weatherman said now its possibly going to be 10 inches.

2 days ago I saw a flock of Robins.

I feel sorry for them...having traveled all this way and having to deal with Snowstorms in March.