The U.S. lays claim to over half of the globe’s corn exports and nearly the same for soybeans.  Nobody else comes close.  China, runner-up in the corn category, exports less than half the amount America does.  The same is the case for Brazil when it comes to the soy market.

The majority of each ends up as feed for livestock raised abroad, and additional bazillions of tons of corn and soy beyond our exports go toward the domestic production of meat that we export (it takes roughly 10 lbs of grain to grow 1 lb of meat).  All told, we shipped $53 billion dollars worth of all three—corn, soy, and meat—in 2011.

But global warming has made 2012 the hottest year since we began keeping records in 1895.  A third of the country’s counties have been declared federal disaster areas on account of drought.  Crops across the Midwest (88% and 87% of the country’s corn and soy supply, respectively) have been burned brittle and brown.  That’s driven corn prices up 45% since mid-June and soybean prices nearly 30% since the beginning of that month and nearly 60% since the end of last year. Continue reading →