Of special interest: the Pacific Decadal Oscillation remains firmly in the cool phase of the ~30-year quasi-cycle. From a 2009 post:
Watch that Pacific Decadal Oscillation. A New York Times archive search for the term "crop failure" returns 1950 hits, with a preponderance of stories written during the cool phase of the PDO. With the interconnectedness of the world's grain markets, a failure anywhere would raise prices everywhere....From April '08:
Climate Change and the Pacific Decadal Oscillation
...You might want to look up the word famine. And store a couple tons of wheat in a vermin proof room. The risk of a major crop failure somewhere in the world over the next ten years just went up. My best guess (wild-ass variant) would be northeastern Russia/Ukraine. Which could get interesting...[note: should have been Northwestern i.e. bordering Ukraine -ed]
From the University of Nebraska-Lincoln:
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