US drought threatens price of food as hot weather fries corn

Guardian: The worst drought to hit the United States in nearly 25 years is threatening to drive up food prices around the world. The price of corn, the staple crop of much of the midwest and the prairies, has risen by a third in the past month and rose again on Wednesday after a US government report said farmers would not yield as much from their parched fields as expected. Higher prices are likely to be passed on in the cost of hamburgers and steak and also affect a range of other foods such as corn flakes......

Read Complete Article at Water Conserve: Water Conservation RSS News Feed

You can leave a response, or trackback from your own site.

Leave a Reply