And The Drought Marches On

The last thing on the minds of many Americans this holiday season is probably the ongoing U.S. drought.

I’m concerned however. Especially as I’ve heard recent reports of the drought getting worse in areas of the country and forecasts for a drier-than-average winter for the nation’s breadbasket.

Carey Gillam wrote on the Reuters website this afternoon:

Drought is tightening its grip on the central United States as winter weather sets in, threatening to ravage the new wheat crop and spelling more hardship for farmers and ranchers already weary of the costly and ongoing dry conditions.

While conditions started to improve earlier in November, they turned harsh to close out the month as above-normal temperatures and below-normal precipitation proved a dire combination in many regions, according to the Drought Monitor, a weekly compilation of data gathered by federal and academic scientists issued Thursday.

Forecasts for the next several days show little to no relief and weather watchers are predicting a drier than average winter for much of the central United States.

(Editor’s note: Italics added for emphasis)

Sounds like the “summer drought” may not be ending anytime soon. The same goes for rising food prices. Patrick Burke wrote on CNSNews.com earlier today:

U.S. Department of Agriculture economists are predicting that the price of meat, poultry and other farm products will continue to rise in 2013, thanks largely to the drought…

The price of poultry, which went up by 5.5 percent between Oct. 2011 and 2012, is expected to go up between 5 and 6 percent during 2013, according to USDA forecasts.

Beef and veal products are expected to rise by 5.5-6.5 percent in 2013 and the price of pork will likely go up by 1-2 percent.

I wonder how much of these rising prices is due to drought, and how much is due to inflation.

Sources:

Gillam, Carey. “U.S. drought expands, blankets High Plains.” Reuters. 29 Nov. 2012. (http://www.reuters.com/article/2012/11/29/usa-drought-idUSL1E8MT5H220121129). 29 Nov. 2012.

Burke, Patrick. “USDA: Meat, Poultry Prices to Rise Even Higher in 2013 — Thanks to Drought.” CNSNews.com. 29 Nov. 2012. (http://cnsnews.com/news/article/usda-meat-poultry-prices-rise-even-higher-2013-thanks-drought). 29 Nov. 2012.

Tags: , , , , , , , , , , , , , , ,

Thursday, November 29th, 2012 Agriculture, Commodities, Farming, Food, Inflation, Weather

No comments yet.

Leave a comment



Please Rate this Blog HERE
Christopher E. Hill, Editor
10,773 Visits February 2015
550,836 Visits 11/22/10-2/28/15

Limited Time Offers

Via Banner Ads Below (navigate to vendor home page if necessary):
ANY CHARACTER HERE
+Airsoft Megastore 25% Off Order Or Free Shipping (codes req.)
ANY CHARACTER HERE
+BulletSafe Bulletproof Baseball Cap $119 Pre-Order Price; Bulletproof Backpack Panel $99
ANY CHARACTER HERE
+JM Bullion 1/2 Oz. Sunshine Silver Rounds 85¢ Over Spot Any Qty.
ANY CHARACTER HERE
+My Patriot Supply Survival Seed Vault $29.95
ANY CHARACTER HERE
+Nitro-Pak Mountain House Freeze-Dried Food Up To 50% Off All #10 Cans/Pouches; $540 Value Bonus Pak Free With Select Food Kits
NEW! Advertising Disclosure HERE
ANY CHARACTER HERE
JM Bullion Reviewed HERE
ANY CHARACTER HERE
BullionVault BullionVault.com Reviewed HERE
ANY CHARACTER HERE
MyPatriotSupply.com Reviewed HERE
ANY CHARACTER HERE
Get Your Cold-Weather Camping Gear at Nitro-Pak! Nitro-Pak Reviewed HERE
ANY CHARACTER HERE
Food Insurance Reviewed HERE
ANY CHARACTER HERE
CHIEF Supply Reviewed HERE
ANY CHARACTER HERE
BulletSafe Reviewed HERE
ANY CHARACTER HERE
Survival Titles Save 20% Paladin Press Reviewed HERE
ANY CHARACTER HERE
BUDK Reviewed HERE
ANY CHARACTER HERE
Not all airguns preform the same in colder weather. Click to learn more. PyramidAir.com Reviewed HERE
ANY CHARACTER HERE
Airsoft Megastore Reviewed HERE
ANY CHARACTER HERE
 

Categories

Archives