The USDA has issued projections on the effect of the drought on food prices in the U.S. The report begins, “the most severe and extensive drought in at least 25 years is seriously affecting U.S. agriculture, with impacts on the crop and livestock sectors and with the potential to affect food prices at the retail … Read more
Drought that wiped out crops throughout the Midwest during the summer of 2012 will drive up grocery bills in 2013, according to a report from the Food Institute. On average, a family of four can expect to pay an extra $6.75 each week or about $351 more for the year. The U.S. Drought Monitor, which … Read more
Partisan issues have kept Congress from taking on the 2012 Farm Bill and now time is running out. GOP leaders decided not to schedule it for floor action next week, which leaves Congress just four legislative days to consider the $957 billion bill before it adjourns for the August recess. The decision drew head scratches … Read more