soybeans

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After the Deluge: Tallying Massive Costs

Food prices may rise for years to come

(Newser) - Floods that ravaged the Midwest have begun to subside—but  the massive costs of weeks of rising water have only begun to be counted. The floods killed 24 people, left 38,000 homeless and destroyed billions of dollars of crops. The losses are likely to trigger food shortages and push...

Investors Sink Billions in 'Green Gold'

But some worry what happens when bottom falls out of farming

(Newser) - Billions of investment dollars are pouring into agriculture as the global demand for food explodes, turning crops such as wheat, corn, and soybeans into green gold, reports the New York Times. And while the immediate impact of more money being fed into agriculture will likely result in increased food production,...

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