Iowa Public Television

 

Market to Market August 24, 2012 (#3752)


The worst drought in 50 years pushes grain and oilseed prices into record territory. Less corn for food, feed and fuel creates ripple effects from Wall Street to Main Street. This special edition of Market to Market examines the economic impact of drought with a panel of experts. (27:45)

Tags: agriculture business corn drought economy farms grain markets oilseed weather

In the News

  • Grant Delayed To Turn Natural Gas Into Fertilizer
    (Aug 24, 2012) BISMARCK, N.D. (AP) — A $1 million grant intended to promote the manufacture of anhydrous ammonia fertilizer was delayed while North Dakota officials sought more information about the project. The state Industrial Commission on Monday...
  • Farmers Grappling With Irene Even A Year Later
    (Aug 24, 2012) WAITSFIELD, Vt. (AP) — A year after Hurricane Irene swept away topsoil and crops and replaced them with rocks and contaminants, farmers from North Carolina to Vermont are rebounding but still grappling with the aftermath — on top of an...
  • UN Calls on Nations to Adopt Drought Policies
    (Aug 24, 2012) GENEVA (AP) - Top officials with the U.N. weather agency say there's an urgent need for nations to adopt drought-management policies as farmers from Africa to India struggle with lack of rainfall and the United States endures the worst drought...
  • Drought Worsens in Plains, Despite Cooler Temps
    (Aug 24, 2012) ST. LOUIS (AP) — While other corn growers already have cut down their drought-ravaged crops to feed to livestock, Nebraska farmer Doug Nelson still waits for his maize to mature, well aware it won't be a banner year. On the day a new report...
  • California Congress Members Ask USDA to Reopen Plant
    (Aug 24, 2012) FRESNO, Calif. (AP) — Three Central California congressmen cited the region's high unemployment Thursday while asking the federal government to reopen a slaughterhouse at the center of a cruelty and food safety investigation. Republican...
  • USDA Bought Meat From Slaughterhouse
    (Aug 24, 2012) FRESNO, Calif.  (AP) -- The federal government and McDonald's Corp. suspended purchases of meat Wednesday from a California slaughterhouse under investigation for animal cruelty and possible health issues. The fast-food chain joined the U.S....