Brazilian Crops suffer

The prices of coffee, oranges, and sugar may soon rise due to the drying of the Amazon in Brazil to its lowest level in 47 years, as reported by Bloomberg. For Brazilian drivers, it will probably also mean higher fuel prices since the country uses sugar-cane to produce ethanol as part of their national efforts at energy self-sufficiency.

While Brazil is suffering from dry weather, the threat of flooding is causing a surge in corn prices in the US, as reported by Bloomberg again.

More reasons to start watching our food prices.