23 Jul '12, 5pm

Drought in U.S. is terrible news for the whole wide world

Drought in U.S. is terrible news for the whole wide world

What is particularly striking about this dry spell is its breadth. Fifty-five percent of the continental United States — from California to Arkansas, Texas to North Dakota — is under moderate to extreme drought, according to the government, the largest such area since December 1956. An analysis released on Thursday by the United States Drought Monitor showed that 88 percent of corn and 87 percent of soybean crops in the country were in drought-stricken regions, a 10 percent jump from a week before. Corn and soybean prices reached record highs on Thursday, with corn closing just over $8.07 a bushel and soybeans trading as high as $17.49.

Full article: http://grist.org/news/drought-in-u-s-is-terrible-news-for...

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