Sunday, June 22, 2014

US corn’s gravy train faces derailment

Kieran Cooke in Climate News Network: ...One-third of cropland in the US is devoted to corn. It produces nearly 40% of the world’s corn, and a record harvest last year was valued at nearly $70 billion. But now there are warnings that this mighty agricultural edifice – which supports not only farmers, but a legion of food and animal feed, transport and other companies, big and small − could be seriously damaged by a changing climate.

To make matters worse, increasingly scarce water supplies could also have an adverse effect, and so too could the intensification of growing techniques − in particular, the overuse of  fertilizers and pesticides. A study by Ceres, a US not-for-profit group that lobbies for more environmental sustainability in the business sector, looks at the risks facing one of the country’s main industries.

States in the American Midwest and the Great Plains region – known as the Corn Belt − account for the bulk of corn production. But the study warns: “Record-breaking weather events – including prolonged drought, intense precipitation and high temperatures – are increasingly common in the Corn Belt and are negatively impacting corn yields and corporate profits.”

Floods in 2010/11 caused millions of dollars worth of crop losses in many areas. Lands were also degraded, and erosion increased. The following year there was drought, when the rains didn’t arrive and temperatures soared. “The 2012/13 drought exemplified the vulnerability of the US corn supply chain to extreme weather,” the study says.

The bulk of US corn output goes either to animal feed or to the production of ethanol fuels, with only 10% going to food processing. According to the report: “The 2012/13 drought had unusually severe financial impacts for many companies in the US corn value chain, hitting the meat and grain trading sectors particularly hard."....

USDA photo of cornfield residue in Kansas

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