soybeans

Environment
7:00 am
Mon July 9, 2012

Drought Endangers Corn Crops, Could Raise Food Prices

Despite scattered thunderstorms during the past week, parts of Indiana and Kentucky remain in a drought. That condition is hitting corn and soybean farmers particularly hard.

Half of Indiana’s and nearly half of Kentucky’s corn crop are in jeopardy, rated as “poor” or “very poor” by the U.S. Department of Agriculture. Purdue University agricultural economist Chris Hurt says once a crop is rated “very poor,” there’s not much that can be salvaged.

“Probably getting close to virtually gone. Very little yield potential left in that corn,” he said.

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