Farmers delay planting due to cold weather 

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Farmers delay planting due to cold weather
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29 Apr 08 - Corn futures in Chicago climbed to a record on supply concerns after a government report showed farmers in the U.S., the world's biggest producer, had planted only half as much as a year ago because of cold, wet weather.

Sowing delays and rising prices may worsen global food shortages that have prompted rice export curbs by Egypt, India and Vietnam and driven wheat, rice and soybeans to records this year. The U.S. government has already forecast a drop in corn acreage and later planting may further hurt production.

``In the U.S., there's a lot of flooding in the southern states and it's causing a delay to the corn plantings,'' Simon Roberts, head of agricultural commodities at Australia and New Zealand Banking Group Ltd., told Bloomberg Television from Sydney today. ``When that occurs, it puts back the pollination growth cycles slightly.''
http://www.bloomberg.com/apps/news?pid=20601087&sid=aJhRQDsOZ7RY&refer=home
Thanks to Dr. Ben for this link 



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