CHICAGO, Illinois – Meteorologists offered ominous outlooks on the fate of American and Canadian crops as drought conditions creep farther into the heart of wheat country. “It doesn’t look good. My overall impression now is the drought will persist and expand into at least this spring from the Canadian Prairies extending into the U.S. northern […] Read more
Stories by Sam Nelson
Heat may shrink U.S. farm payments
CHICAGO, Ill. – A heat wave in the United States corn belt is boosting grain prices, which might provide some relief for taxpayers facing another year of billion-dollar farm aid payments, analysts said last week. “I think the bottom line is simply that as production prospects are trimmed back by heat and dryness, it should […] Read more