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Keyword: 2012drought

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  • Extreme Drought Hits Much of US; Ranchers Sell Herds as Feed Costs Skyrocket

    07/15/2012 6:59:25 AM PDT · by Kaslin · 28 replies
    Townhall.com ^ | July 15, 2012 | Mike Shedlock
    <p>Corn, soybean and wheat prices have soared lately due to poor crop estimates amid extreme drought conditions in 26 states.</p> <p>The blistering summer and ongoing drought conditions have the prompted the U.S. Agriculture Department to declare a federal disaster area in more than 1,000 counties covering 26 states. That's almost one-third of all the counties in the United States, making it the largest distaster declaration ever made by the USDA.</p>