David Kotok, chairman and chief investment officer of Cumberland Advisors, said the deadly fungus, Puccinia graminis, is now spreading through some areas of the globe where "crop losses are expected to reach 100 percent.”
Losses in Africa are already at 70 percent of the crop, Kotok said
Friday, April 25, 2008
Wheat Crop Failures Could be Total, Experts Warn
Something unexpected like this; if it happens at the wrong time can create massive troubles.
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