On Jun 25, 5:19*pm, Sqwetz > wrote:
> On Thu, 25 Jun 2009 13:21:16 -0700 (PDT), Cindy Hamilton wrote:
> > On Jun 25, 1:33*pm, Sqwetz > wrote:
> >> On Thu, 25 Jun 2009 10:21:43 -0500, Michel Boucher wrote:
> >>> Scientists in Canada and around the world are racing to find a way to stop
> >>> a destructive fungus that threatens to wipe out 80 per cent of the world's
> >>> wheat crop, causing widespread famine and pushing the cost of such staples
> >>> as bread and pasta through the roof.
>
> >> That's fine with me.
>
> > I suppose there won't be any secondary economic effects that will
> > affect you, then?
>
> > You probably don't eat corn, but I imagine that higher corn prices
> > have affected you.
>
> Not at all. Corn prices significantly lower than they were last year
> at this time. And they are only slightly up from 2 years ago.
>
> http://www.indexmundi.com/commoditie...corn&months=60
>
> So if something were affecting me, it ain't the corn.

The title of the article was "Stem rust' could wipe out 80% of world's
crop".

It has not yet so there is not likely any effect on corn prices yet.
Of course if we lose 80% of the wheat crop the economic consequences
are likely to be noticeable what with the rioting, looting, etc that
will be happening. Who knows, the price of corn may go up.

John Kane Kingston ON Canada