Drought-Driven Commodity, Food Prices Force Industry Change
Story Date: 11/30/2012

Source: CAROLINA-VIRGINIA FARMER, 11/30/12
 
Agriculture and food industry experts agree that the drought has been a key driver behind changes on the farm, restaurant and retail food front.
In a presentation Thursday sponsored by Corn & Soybean Digest, Corinne Alexander, Purdue University agricultural economist, explained that the drought caused the lowest corn yields since 1995, playing havoc with livestock and commodity markets.
 
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