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Drought in Brazil stressing corn crop that is in critical pollination stage. May 12, 2021 The price of corn in the U.S. has been increasing this year and is now approaching record highs. As of Monday, according to The Wall Street Journal, corn prices are up 50%, with the cost of a bushel at $7.73, and prices are closing in on highs not seen since 2012 when drought decimated crops across the Midwest and sent prices soaring to $8.31 a bushel, the Journal reported. Like in 2012, weather is a factor in the rising corn prices and, once again, drought is the primary trigger. However, it s affecting farmers in Brazil rather than in the U.S. ....
The price of corn in the United States has been increasing this year and is now approaching record highs. As of Monday, according to The Wall Street Journal, corn prices are up 50%, with the cost of a bushel at $7.73, and prices are closing in on highs not seen since 2012 when drought decimated crops across the Midwest and sent prices soaring to $8.31 a bushel, the Journal reported. Like in 2012, the weather is a factor in the rising corn prices and, once again, drought is the primary trigger. However, it s affecting farmers in Brazil rather than in the U.S. With rainfall amounts far below normal, the weather pattern in Brazil continues to stress corn crops, which are now in the critical pollination stage. Last November, AccuWeather experts warned that this year’s crop would be adversely impacted by the dry weather. ....
UpdatedWed, Feb 10, 2021 at 7:33 am ET Replies(20) A South Jersey Transportation Authority truck enters the Farley Service Plaza in low visibility due to blowing snow on the Atlantic City Expressway in Hamilton Township, Atlantic County, N.J., Wednesday, Feb. 10, 2010 (AP Photo/Sean M. Fitzgerald) UPDATE: Winter weather advisory issued in eight New Jersey counties. Read more: NEW JERSEY – More snowstorms could hit New Jersey this week just as parts of the Garden State were hit with winter weather on Tuesday. Up to 4 inches of snow hit North Jersey on Tuesday, but more storms could arrive and impact the entire state by Thursday and then over the weekend ....