Big Drought Could Mean Higher Prices
A severe drought burning its way across America’s Midwest could mean higher food prices throughout the coming year, according to this news story.
Consumers with tight food budgets should plan for an uptick in their costs, but the article doesn’t discuss the financial impact. Beef costs have stayed low so far as ranchers slaughter their herds ahead of the drought, but expect those prices to go up near the end of the year as demand gets ahead of supply.
man.. honestly, whenever the sky clouds over here in MA (which means we have to get the damn ark out again because its going to rain like there is no tomorrow) I think about parts west of here that NEED all this seriously abundant rain.
Global warming. Just saying.