Additionally, the mighty Mississippi River is drying up. The worldwide drought conditions are severely affecting grain crops. And the year 2012 is the warmest year on record.
This summer, drier weather conditions are forcing US farmers to dig deeper wells. The heat wave will negatively impact water supplies. Climatologists predict that global warming means more competition for less water in the future worldwide. The long-term drought destroying America's most fertile ground has turned central portions of the country into super dry areas, according to the Christian Science Monitor
This year, the US has been experiencing the worst drought since the 1930s’ Dust Bowl days. The corn crops in the US are in very poor condition. The US central and western regions have been experiencing major wildfires. This summer, the corn prices have reached a new record high along with soybean prices. The US agriculture department declared half of all the counties in America as natural disaster areas. Economists predict that drought conditions will cause meat prices to rise significantly by double digits in America within the next few months. Climatologists predict that the drought will continue throughout August and into September. A few meteorologists are postulating that there may not be enough moisture to avoid another major drought in 2013, according to the Economic Collapse
Today, the Mississippi River is drying up because of the ongoing heat wave, which portends great disaster for the US and world economies. The US is critically dependent upon the Mississippi River’s vast intercontinental transport network; therefore, the drying up of the Mississippi River will be a huge blow to America and the global economy, according to the Trumpet
news. The Mississippi River, in conjunction with Missouri, Red, Arkansas and Ohio rivers, comprises the largest interconnected network of navigable rivers in the world. The great Mississippi River network is the Midwest’s circulatory system. If the Mississippi River shuts down, then the direct costs to the US economy will be 300 million dollars per day. Although we are a few meters of water away from that reality, we must remember that summer season continues, according to Trumpet
This year’s worldwide droughts have been severely affecting grain crops. When the U.S. Department of Agriculture releases its recent World Agricultural Supply and Demand Estimates report, it appeared to be dismal because the exchange traded funds for corn and soybeans have both increased due to the impact of droughts, according to the NASDAQ
In 2012, the Northeast Regional Climate Center at Cornell University released new data showing the Northeast's seven-month average of 50 degrees was the warmest period since 1895, which was the year when such record keeping began. It was the second warmest period in Pennsylvania and West Virginia history, and the warmest first seven months of the year in the rest of the Northeast, according to science daily
According to many climatologists, there has been a worldwide warming trend since the conclusion of the last Ice Age roughly 10,000 years ago. Within the past 100 years, this warming trend has been intensifying because of the use of fossil fuels and certain industrial and agricultural processes leading to a buildup of "greenhouse gases" caused by carbon dioxide, methane, nitrous oxide, chlorofluorocarbons, and water vapor in the atmosphere. Global warming will facilitate drought conditions for many years to come unless steps are taken to slow and reverse the globes warming trend.
Today, when the farmers irrigate their crops, this action lowers the water resources, while affecting the cities’ water supply. The day will come when we will have to choose either water for our cities or water for our crops. The drought will spread beyond the crops and will negatively impact the global economy. The effects of the drought are just beginning and global warming appears to be the causation of this problem. This drought will negatively impact the global economy within the next few years.