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Friday, February 24, 2012

Water, the source for Prices

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It's a little strange hearing folks from different countries citing drought as a reason for poor crops or lack of output.  It highlights the benefits Pakistani farmers have in many cases with the irrigation system. 
When I was farming, I'd worry about the tube well breaking down and the lack of electricity exacerbated the poor corn crops of 2011, but by and large, the availability of water was certain. 
When I speak to farmers or traders from Argentina or Southwest United States, drought/lack of water is not an unheard of phenomenon.  In fact, it's almost expected.  Prices for different products shoot up.  The lack of water still moves the world, like in many ways it did the ancient Egyptians and Harrapans.  

On the other hand, I recently read about the Swarna variety of rice - it's cheap and whats more, a new breed is capable of growing even after being submerged in flood waters for 15 days.  

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