Detailed text transcripts for TV channel - CNN - 20110215:09:34:00
Increasingly unstable prices for much of the world's basic needs. now today we look at wheat. the drought in asia has put the strain on the commodity lately, especially in china, which is now the world's biggest producer as well as consumer of the grain. a shorter supply is second prices higher, wheat for may delivery up 1.5%, hitting $9.16 a bushel in chicago trade on monday. that is the highest price since the record prices of 2008. now, droughts like the ones in china aren't the only weather event putting pressure on flood supplies. we report flooding in pakistan left many in nearby afghani...
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