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Canadian Press: Drought conditions across large swaths of the United States and parts of Europe are raising concerns about a food-price shock later this year.
But while consumers brace to pay more for everything from corn flakes to bread and beef, many Canadian farmers hope to reap rewards from historically high grain prices.
"It's simple supply and demand," said Myron Krahm, vice-president of the Manitoba Corn Growers Association.
"The U.S. being the largest corn producer in the world, if they are suffering......
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Canadian farmers see silver lining in U.S., Europe’s drought
Posted by Canadian Press: Terry Pedwell on July 13th, 2012
Posted in Water Conservation