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Another Dud Global Warming Prediction: Crops Boom And Food Prices Fall

PA Pundits - International

Bolt New 01By Andrew Bolt ~

Where are the warming catastrophists now? Global warming is giving us booming crops and cheap food:

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World food prices fell to almost a seven-year low at the start of the year on the back of sharp declines in commodities, particularly sugar, according to the latest data from the United Nations (UN).

The Food Price Index, published by the UN’s Food and Agriculture Organization (FAO), … tracks international market prices for five key commodity groups—major cereals, vegetable oils, dairy, meat and sugar – on a monthly basis…

The main factors underlying the lingering decline in basic food commodity prices are ”the generally ample agricultural supply conditions, a slowing global economy, and the strengthening of the U.S. dollar,” the FAO noted…

Signaling no let-up in production, the food agency raised its forecasts for worldwide cereal crops in 2016. “As a result of the upgraded…

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