Things are looking bleak for corn farmers in the Midwest. Drought conditions and above-average temperatures are likely to continue for some time and now even soybeans -- corn’s sister commodity -- are succumbing to the weather. The economic implications for the entire Midwest -- and not just farmers -- are dire.
Not that this is entirely unexpected. Experts have been warning commodity farmers for years that a changing climate will lead to exactly these kinds of devastating conditions in the nation’s heartland.
And, yes, I agree with David Roberts, who says it’s time to dispense with “climate disclaimers,” i.e. the “well, gee, we don’t really know” qualifications about the relationship between climate change and these kinds of weather events. After all, as Grist reported recently, the government’s National Climatic Data Center calculated that if the climate weren’t warming, we wouldn’t expect to see another period as hot as the last 13 months have been until the year 124,652. Does anyone really believe that we’re experiencing “100,000-year” warmth? Me neither.
There’s also the effect the heat and drought are having on food prices; Bloomberg Businessweek reports that prices on grocery store shelves are already on the rise:
In May, retail prices of boneless hams, ground beef and cheese in the U.S. were close to all-time highs set earlier this year, while chicken breast jumped more than 12 percent during the first five months of the year, government data show.
“When people look at rising prices for hamburger, butter, eggs and other protein sources from higher corn costs, that’s when more money ends up in the food basket,” said Minneapolis- based Michael Swanson, a senior agricultural economist at Wells Fargo & Co., the biggest U.S. farm lender. “We were hoping for a break, and we aren’t going to get it.”
But it’s also worth considering what’s going on in the Midwest in light of today’s markup of the House Agriculture Committee’s draft of the new farm bill. [Update: The House Agriculture Committee approved the bill on July 12. There is still no date set for a vote by the full House.] While I reported on the outrageous cuts to food stamps in the House version last week, I didn’t get a chance to review the equally outrageous, effectively unrestricted expansion of crop insurance included in the bill. As the Environmental Working Group summed it up, the committee draft “would give unlimited taxpayer dollars to farmers who are already making record profits and less support to hungry kids who depend on federal assistance for food.”