Home » Driedout

Driedout

Dried-out farms from China to Iowa will strain meals costs

Drought is shrinking crops from the U.S. Farm Belt to China’s Yangtze River basin, ratcheting up fears of worldwide starvation and weighing on the outlook for inflation.

The most recent warning flare comes out of the American Midwest, the place some corn is so parched stalks are lacking ears of grain and soybean pods are fewer and smaller than typical. The dismal report from the Professional Farmer Crop Tour has helped raise a gauge of grain costs again to the very best stage since June.

The world is determined to replenish grain reserves diminished by commerce disruptions within the Black

Read More