Poor Harvests May Worsen Global Food Shortages

A universal saying among farmers is that high prices never last, because they encourage production that fills the demand and drives down the prices. The current crisis is testing that theory. With costs soaring for fertilizer and diesel, the expenses of farming are so high that the urge to plant more is battling, in some places, the temptation to plant nothing.

Prajoub Suksapsri in Ayutthaya, Thailand, is among the farmers going all-out this year. For the first time in two decades of farming, Prajoub is preparing to plant a second crop of rice on his land, which usually does not have irrigation.

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