Drought And Food Costs

The most severe and extensive drought in at least 25 years is seriously affecting both livestock and crop farmers.

 

 

 

 

(Minneapolis, MN) - The most severe and extensive drought in at least 25-years is seriously affecting both livestock and crop farmers. As a result, Michael Boland, head of the University of Minnesota's Food Industry Center, says you will likely see some of the quickest price increases for beef, pork, poultry and dairy products -- especially milk.

The full effects of the increase in corn prices for packaged and processed foods will likely take 10-to-12 months to move through to retail food prices.

(KFGO News file photo)

 

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