Not by Fire but by Ice

THE NEXT ICE AGE - NOW!

     Email Robert      l     Reviews     l      Order Not by Fire     l     Order Magnetic Reversals      l      Dissenters      l       Recent articles 

Discover What Killed the Dinosaurs . . . and Why it Could Soon Kill Us

 
Google
 
Web www.iceagenow.com
BACK TO HOME PAGE
   

Cotton Climbs to 140-Year High

 Highest since records began in 1870
 

 

                       page delimiter
  

Robert, it's not just food shortages that we're facing, it's also rising cotton prices needed for clothing. - Peter Pesola

------------------

25 Oct 10 - (Excerpts) - Cotton prices touched their highest level since Reconstruction on Friday, as a string of bad harvests and demand from China spark worries of a global shortfall.

Cotton has risen as much as 56% in three months.

The December cotton contract hit $1.1980 a pound ... the highest price since records began back in 1870 with the creation of the New York Cotton Exchange.

Along with cotton, prices of so-called soft commodities such as sugar, orange juice and coffee all have soared, adding to concerns that consumers might soon be paying higher prices for daily necessities.

Pakistan, the fourth-largest producer of cotton, saw its crops affected by devastating floods this summer. Heavy rains in China crimped that nation's crop, resulting in a 5.4% drop in global production in 2010.

See entire article by Adam Cancryn and Carolyn Cui:
http://online.wsj.com/article_
email/SB10001424052748704300604575554210569885910-lMyQjAxMTAwMDEwNjExNDYyWj.html


See also:
Global food crisis forecast - Prices reach record highs

26 Oct 10 - "World wheat and maize prices have risen 57%,
rice 45% and sugar 55% over the last six months, soybeans
are at their highest price for 16 months and meat prices are
at 20-year highs."
See Global food crisis forecast - Prices reach record highs

 



      





.
.

BACK TO HOME PAGE

Order Book I Q & A I Book Reviews I Plant Hardiness Zone Maps I Radio Interviews I Table of Contents I Excerpts I Author Photo I Pacemaker of the Ice Ages I Extent of Previous Glaciation I Crane Buried in Antarctic Ice Sheet I Ice Ages and Magnetic Reversals I It's Ocean Warming I E-Mail Robert at rwfelix@juno.com l Expanding Glaciers