Ag: When, not if, UG99 causes major global wheat shortages

March 15, 2013

Dick's note:   "Who cares about wheat disease, right? But at least 80% of the world's commercial wheat crops are susceptible to UG99, and it's spreading from Africa to the Middle East and may take India. There's no quick fix. One more example of a perilously fragile system, and that means price volatility. Agricultural investors take note."

(Business Standard - "We don't know when UG99 will become an epidemic") Almost 90 per cent of the 130 million hectares,in which wheat is grown across the globe faces the threat of the deadly UG99 stem rust, which can destroy acres of fields in just a few days. ... The rust has reached Yemen and it could hit India...

Read rest of article here: http://www.business-standard.com/article/economy-policy/we-don-t-know-when-ug99-will-become-an-epidemic-ronnie-coffman-112110400035_1.html