Tuesday, March 4, 2008

Saudi water and wheat

"Saudi Arabia plans to halt wheat production by 2016 because of concerns about the desert kingdom's scarce water resources, according to a US government agency.

The Saudi Arabian government has not publicly given details of the move, which comes as global cereal prices surge, driven by strong demand and lagging supply. Top-quality wheat prices for baking bread hit a high this week of $25 a bushel and have more than doubled since January."

Here's the confirmation of the news in the previous post, thanks to Leila (check her comment)

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