Corn, soy, and wheat prices have been soaring this month as growing conditions across the Midwest, a top-producing crop region, have rapidly deteriorated due to the lack of rainfall.
US corn crop rated good to excellent slid to 55% in June, the lowest for this time of the growing season since 1992, reported Bloomberg.
Read More: “We Need Rain”: Corn, Soy, Wheat Prices Soar As Drought Conditions Worsen In Midwest | ZeroHedge
Thanks! Share it with your friends!
Tweet
Share
Pin It
LinkedIn
Google+
Reddit
Tumblr