Posted inThe Stream

The Stream, August 13: Expected Crop Yields Plummet While Prices Climb

Food prices This summer’s drought in the United States will cause corn yields to drop 17 percent compared to 2011, according to a new report by the U.S. Department of Agriculture (USDA). Consequently, the USDA expects corn prices to rise 39 percent to $8.90 per bushel. Soybean supplies and prices will face similar consequences, The Wall Street […]

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