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Drought stretching across US threatens economies of farming states and food prices

Monday, July 16th 2012 - 23:55 UTC
Full article 1 comment

A worst-in-a-generation drought from stretching across the United States is damaging crops and rural economies and threatening to drive food prices to record levels. Agriculture, though a small part (1.2%) of the 15.5 trillion dollars US economy, had been one of the most resilient industries in the past three years as the country struggled to recover from the recession. Read full article


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  • DanyBerger

    And as always US does the BLS will report 0.000001% price food increase.
    Books cooked and everyone happy with a fake 3% inflation.

    Jul 20th, 2012 - 06:13 am - Link - Report abuse 0

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