In the latest drought monitor released on Thursday, after two rain-free weeks, it’s no surprise that abnormally dry conditions in North Carolina increased significantly over the past week. Last week 12.3% of the state was reporting abnormally dry conditions, this week the area has increased to 32.45%. Most of the piedmont from the Virginia border to the South Carolina border is now abnormally dry, inching towards the Coastal Plain on the south.
Abnormally Dry Conditions Expand in South Carolina
Abnormally dry conditions in the Palmetto state increased significantly as reported in the latest drought monitor released by USDA on Thursday. The previous reading was 30.79% abnormally dry, this week’s report is more than 54%. All the Midlands, and portions of the Upstate and Low Country, from the North Carolina border to the Georgia border are now reporting abnormally dry conditions.
Road Back from Low Commodity Prices Could be a Long One
American Farm Bureau’s senior economist Bob Young says U.S. producers could be in for a long and difficult recovery from low commodity prices. Young compares the problem to the crushing burden of corn reserves in the 1980’s…
That partly explains Young claims, China’s resistance to importing some U.S. GMO varieties. U.S. average corn prices are expected at 3-40 a bushel for the 2014-15 marketing year and the University of Missouri’s Food and Ag Policy Research Institute says it won’t be until 2018-19 when corn recovers to prices around 4-20 a bushel