Soaring temperatures and low precipitation could not occur at a worse time for many farmers in the United States. Intensifying drought conditions are affecting corn and soybean crops throughout the Midwest, raising grain prices as well as concerns about future food prices. The U.S. Drought Monitor reports that 88 percent of this year’s corn crop and 77 percent of the soybean crop are now affected by the most severe drought since 1988. The U.S. Department of Agriculture (USDA) is providing drought assistance to 1,584 counties across 32 states and warns of increased food prices in 2013 as a result of corn and soybean yield losses.
12 Innovations to Combat Drought, Improve Food Security, and Stabilize Food Prices
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