Saturday, August 7, 2010

Wheat rots in India as world prices at 2 year high

The russian wheat disaster is not the end but the beginning it seems. Jim Rogers agrees.

From AP


MUMBAI, India — A wheat stockpile in India that could feed 210 million people for a year is starting to spoil because the government lacks enough warehouses to store it — a lightning rod for local discontent that could send ripples through the world market for the grain...

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