Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

US corn, soy prices hit records as drought lingers

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

AFP
August 22, 2012

US corn and soybean prices closed at new record highs Tuesday as a new survey showed worse-than-expected crop damage from a brutal drought across the country’s central breadbasket.

The price of corn jumped 1.7 percent to $8.3875 a bushel, while soybeans finished at $17.3025 a bushel, up 2.8 percent from Tuesday.

That left the corn price up 68 percent from June and soybeans 39 percent higher.

An all-time record hot July accompanied by nearly three months of extreme drought have baked the country’s prime farmland in the midwestern and central states, where the world’s largest corn and soybean crops are grown.

Full article here

This article was posted: Wednesday, August 22, 2012 at 3:09 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Experts: Ebola May be Airborne, Could Kill Millions See the rest on the Alex Jones YouTube channel.

The Truth About ISIS & Obama's War Speech See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.