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SEARCH More than 5,600 stories! A great gift for crisis deniers! Humoring the Horror of the Converging Emergencies 94 color pages $24.99 now $15! Or read FREE online! Twitter Ping this story in social media: del.icio.us Digg Newsvine NowPublic Reddit Facebook StumbleUpon

Posted Mon Aug 16 2010: from Financial Times: Economic Outlook: Toll from wheat price to emerge http://apocadocs.com/s.pl?1281970689 Will soaring wheat prices feed through into higher inflation? This week's data releases will provide more clarity on the extent to which the sharp rise in global agricultural markets in July has affected prices in the world's food markets - although economists warn that the full effects of higher wholesale prices may not be felt for months. Rising inflation could put pressure on policymakers to tighten monetary policy sooner. The return of inflationary concerns comes after the price of wheat rose almost 50 per cent in July as Russia, the world's third-largest exporter, suffered its worst drought in more than a century. [Read more stories about: weather extremes, food crisis] New!: No reader quips yet -- be the first! Got a PaniQuip? Your Quip (limit 140 characters, no links, just wit): First name: The text shown in the Web image to the right: We reserve the right to reuse, remove, or refuse any entry.

'Doc Michael says: A little wheat-belt tightening, that's all. NEXT> More stories: Statscan survey finds BPA present in 91 per cent of Canadians Portugal on track for 45 percent renewable energy this year (Economic Outlook: Toll from wheat price to emerge) ApocaDocs implements time machine: 'Today, one year ago, two years ago' Price of red meat likely to push more people towards fish and vegetarian diet Want to explore more? Try the PaniCloud!

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