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...drought has also savaged recent Australian wheat crops. Normally among the top three or four wheat exporters in the world, Australia has managed to produce little more than half of its usual 20 million metric tons in each of the past two years. But these setbacks are having a paradoxical effect. Not nearly as thirsty a crop as rice and expensive now on world markets at about $350 a ton, wheat in Australia is attracting new growers. "Some are looking at putting wheat in this year instead of restocking on cattle - because it's cheaper and because they...

Author: /time Magazine | Title: The Big Dry | 5/22/2008 | See Source »

There are a ton of great jobs in the world, but running Microsoft? No thanks. I'd rather run Iraq...

Author: /time Magazine | Title: Why Microsoft Is Desperate for Yahoo! | 5/19/2008 | See Source »

...that drive down tuna prices? With demand for sashimi-grade fish in Japan at about 500,000 tons a year, Stehr insists Clean Seas won't flood the market. In fact, Japan may not be the market Stehr is aiming for, at least initially. Since tuna grow at less than 1 kg a month, stock next year would likely be only around 7 kg, too small for many of Japan's sashimi buyers. Stehr thinks the Japanese may still want the smaller fish, but sees the U.S., China and Europe as alternative markets. Growing global demand will drive up prices...

Author: /time Magazine | Title: Sashimi on Demand? | 5/15/2008 | See Source »

...punitive duties on surging U.S. biodiesel imports. The European Biodiesel Board (EBB) says European producers are being put out of business by U.S. imports of so-called B99 biodiesel, or fuel derived 99% from plants. The U.S. government subsidizes such exports to the tune of up to $300 a ton. Yet in some cases, the bulk of the fuel doesn't even stem from U.S. inputs, but is cheaply imported from countries like Indonesia or Malaysia...

Author: /time Magazine | Title: Europe Grapples Over Biofuels | 5/8/2008 | See Source »

...looking forward to the future and we have a young team,” Allard said. “All in all, I think it was a solid year. It took everything out of us to get to the championship game this year. It took a ton of effort, a ton of hard work because we just had to battle extra things this year...It’s a tribute to their work all year to end their season with the Ivy Championships. That’s a successful year in my book.”—Staff...

Author: By Kara T. Kelley, CRIMSON STAFF WRITER | Title: Crimson Denied Ivy Championship | 5/5/2008 | See Source »

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