Thursday, February 3, 2011

Wheat Up 13% - Likely Will Keep Rising

From The Wall Street Journal's Heard On The Street page comes notice of the following:

The freeze gripping a swath of the U.S. threatens winter wheat planted in the fall. The problem, believe it or not, is a lack of snow rather than too much. While those on the East Coast trudge through the stuff to work, some Midwestern areas haven't enough.

Winter wheat in the ground ideally has at least 4 inches of snow to insulate it against "winter kill," where freezing temperatures damage the crop, according to Joel Widenor of consultancy Commodity Weather Group. He says most areas of the wheat belt have less than 2 inches of cover now, and he cannot remember such a combination of thin cover and freezing weather in over 15 years. Another mass of cold air is forecast to descend next week.

So, this would be a good year to do the Atkins Diet then?

Via Instapundit

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