Drought Redux
Back in February, I posted here about the AccuWeather question, “Is America Facing Another Dust Bowl?” While we don’t as yet have “Beans in ‘teens”, we are still looking at a drought that is the worst since the 1930s in the mid-section of the U.S.
Map:Drought conditions
The NY Times has an article today about the drought and it effects on ranchers and farmers, Blistering Drought Ravages Farmland on Plains.
As if earless, shriveled cornstalks were not enough, farmers and ranchers say they carry a sense that their counterparts elsewhere seem to be doing just fine, leaving them with what feels like an invisible disaster, unnoticed by the outside world.
A cursory look at wheat, oats, corn and soy beans prices, with the exception of beans, show prices higher than February, but not extremes. This still bears watching!
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