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As Prices Rise, Farmers Spurn Conservation

Discussions about the economic and financial ramifications of hydrocarbon depletion.

As Prices Rise, Farmers Spurn Conservation

Unread postby OilFinder2 » Wed 09 Apr 2008, 00:08:46

--> NY Times <--
For years, the problem with cropland was that there was too much of it, which kept food prices low to the benefit of consumers and the detriment of farmers.

Now, because of a growing global middle class as well as federal mandates to turn large amounts of corn into ethanol-based fuel, food prices are beginning to jump. Cropland is suddenly in heavy demand, a situation that is fraying old alliances, inspiring new ones and putting pressure on the Agriculture Department, which is being lobbied directly by all sides without managing to satisfy any of them.

Born nearly 25 years ago in an era of abundance, the Conservation Reserve Program is having a rough transition to the age of scarcity. Its 35 million acres — about 8 percent of the cropland in the country — are the big prize in this brawl.
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