A drop in the yield of some crops around the world was not caused by changes in rainfall but was because higher temperatures can cause dehydration, prevent pollination and lead to slowed photosynthesis, the new study says. Wheat and corn yields were down in Russia, China and India, due in part to rising temperatures, according to the study published in the journal Science. The new research adds to other studies which have tried to distinguish between climate change and natural variations in weather and other factors.
There is a bumper wheat and rice crop. In Andhra Pradesh, India's rice bowl, production is up 30%. Millers are offering only Rs 8 for a kilo of paddy though the MSP is Rs 10.30. Angry farmers last week threw paddy into the Krishna river. The state government has borrowed Rs 550 crore from RBI for procurement. The FCI can do little. After buying 50 million tonne wheat and rice this season, added to 44 million tonnes left from last year, it is exhausted.
The oilseed crop is 20% larger. Import of palm oil from Malaysia and Indonesia is down for the sixth straight month till April, a three-year low. Sugar output is up 28%. Even exports can't prod the bulls into action.
Production of pulses rose by a fifth to cross 17 million tonne. The Planning Commission pegs this year's demand at 19 million tonne. As the gap narrows, premiums are evaporating.
Cotton prices hit a 140-year high in March on the back of the world market and then crashed by Rs 20,000 per candy within two months. Textile mills can't absorb the record harvest. In crop after crop, output is higher. In West Bengal, farmers have put 60% of their potato in cold storage, hoping prices will improve. And a 15% jump in onion harvest has pushed wholesale prices in Maharashtra back to Rs 5 per kilo. In January, we paid Rs 70.
Surely Dr. Wolfram Schlenker and the other members of New York´s Columbia University´s research team must be pleased to learn, that global warming evidently has stopped, at least in India - or alternatively it has contributed to a record harvest!