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Sarah,
As you may have heard, a drought
is hammering America right now. Here are
some quick facts about the drought:
- It is the worst drought in 55
years
- Record high temperatures have
been recorded around America
-55% of the continental U.S. is
facing moderate to extreme drought
-33% of the continental U.S. is
facing severe to extreme drought
-1,000 counties around the
country have been declared natural disaster areas
- America accounts for 52% of the
world’s corn crop and 42% of the world’s soybean crop. Both crops have been devastated. Accordingly, the price of each crop has risen
dramatically.
Source: “America’s Drought”, The
Economist, July 21st to July 27th issue.
