Stacey LeascaAugust 31, 2012 12:47

Worldwide food prices increased by 10 percent in July, according to the World Bank.

El Nino is about to make food insecurity even worse

Simeon TegelAugust 16, 2012 06:00

LIMA — With the US drought hiking global food prices, El Nino was the last thing the world needed. Meteorologists warn that the phenomenon, which sees unusually warm waters in the Pacific cause freak weather from California to Australia, is underway. Here’s a look at what’s happening.

Alex LeffAugust 8, 2012 16:55

Chile suffers drought too

As the US takes stock of parched farmland, Chile declares 'catastrophe areas' after a more than two-year drought.

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Peasant Segundo Aballay looks at the carcass of a cow in Til Til, an agricultural municipality 50 km north of Santiago, in the province of Chacabuco. Animals in central and southern Chile are dying for the lack of water and forage. (Raul Bravo/AFP/Getty Images)

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Farmers of drought-stricken American, Chileans feel your pain. Swaths of Chile are suffering from an “intense and prolonged” drought that has parched the land and sapped water supplies in the South American country, Chile's Agriculture Ministry says.

Drought hits European grain production

Paul AmesJuly 26, 2012 06:00

IRSINA, Italy — Although conditions are far from nearing the dramatic situation in the US Midwest, the weather has dashed hopes that bumper yields in Europe would make up for shortages in America and arrest the growth of world grain prices.

Food crisis: a new normal?

David CaseJuly 26, 2012 06:00

It’s been called the worst drought in decades. As crops wither in the parched American heartland, prices of key grains — soy, corn and wheat – are soaring. But is hunger really new? GlobalPost asks a food security expert to put the crisis in perspective.

Thomas MuchaJuly 25, 2012 13:52

US drought: It's bad, but Stephen Colbert makes it funny

Citing higher cheese prices, Colbert states it plainly: "This s**t just got real."

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Corn grows in a field August 17, 2011 near Willow Springs, Wisconsin. (Scott Olson/AFP/Getty Images)

this story is part of globalpost's continuing coverage of world business. for more visit our new business page.

There's not much to laugh about in the ongoing drought crisis now hitting much of the United States.

The dry and hot conditions — which rival those of the Dust Bowl era — are at their worst in nearly a half-century.

The US Department of Agriculture warned yesterday that the severe drought will lead to higher prices for pork, beef, milk and especially poultry.

World food prices increase 10 percent in July

El Nino is about to make food insecurity even worse

Chile suffers drought too

Drought hits European grain production

Food crisis: a new normal?

US drought: It's bad, but Stephen Colbert makes it funny