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California corn reaps benefit of drought
With harvest just a couple of weeks away, the Dixon corn grower, like many in California, is holding out on selling to local grain brokers. As the nation's worst drought in half a century wreaks havoc on the Midwest corn crop - the U.S. Department of Agriculture is predicting one of the lowest yields in almost two decades - California's corn is expected to fetch record-high prices.
Read more: http://www.sfgate.com/business/arti...-benefit-of-drought-3832512.php#ixzz25MqLzv2h
With harvest just a couple of weeks away, the Dixon corn grower, like many in California, is holding out on selling to local grain brokers. As the nation's worst drought in half a century wreaks havoc on the Midwest corn crop - the U.S. Department of Agriculture is predicting one of the lowest yields in almost two decades - California's corn is expected to fetch record-high prices.
Read more: http://www.sfgate.com/business/arti...-benefit-of-drought-3832512.php#ixzz25MqLzv2h