Aug

3

Jeff Watson writes: 

Temperature minimums tend to increase grain prices. The second chart below is Dutch Guilders per 100 kg of wheat (in France, Italy, England, Germany) . The first chart is rye: an indexed price series in Germany. Cold weather crops like rye, barley, oats, milo etc also show huge increases in prices.

Stefan Jovanovich writes: 

Jeff may disagree, but I think you have to include the effects of
war. The two conflicts that were, in their own ways, as ruinous as the 2
World Wars: the 30 Years War (1618-1648) and the Napoleonic Wars
(1803-1815) - both overlaps the periods of dramatic increases in grain
prices in the charts.

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anonymous writes: 

Or perhaps, during minimums, war is more prevalent, I don't know. As an aside, here's an interesting article from the National Geographic.
While not a peer reviewed journal, an interesting takeaway quote that
provides food for thought is: "Temperature is not a direct cause of war
and social disturbance…The direct cause of war and social disturbance
is the grain price. That is why we say climate change is the ultimate
cause."


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