date:Sep 22, 2012
Unlike the staple grain shortage of 2008, this year's scarcity will affect feed-intensive crops with serious repercussions for the animal protein and dairy industries.
Luke Chandler, global head of agri commodity markets research at Rabobank, said: The impact on the poorest consumers should be reduced this time around, as purchasers are able to switch consumption from animal protein back towards staple grains like rice and wheat.