U.S. crops are taking a beating in the worst drought since 1988 but most farmers are not sweating like they did 24 years ago when a drought hit as they were just starting to recover from a farm depression that …
Analysts at Fitch Ratings say they believe the leading writers of crop insurance will be able to absorb any near-term crop losses from the current drought in the Midwest. Fitch said the insurers are likely to maintain current levels of …
Rain will fall early this week in the northern U.S. Midwest, with from 1 to 2 inches expected across a broad parched swath of corn and soybean land roughly north of Interstate 80, an agricultural meteorologist predicted Monday. “It’s good …
The drought ravaging America’s prime farmland is having an unexpected consequence that could shape the future of agricultural finance: in some cases, farmers who have amped up their insurance coverage may be giving up on their crops early rather than …
Midday weather updates on Wednesday indicate more hot, dry weather for the U.S. Midwest, where corn and soybean crops are rapidly deteriorating amid the harshest drought in more than half a century. “It’s a little wetter for next week in …
An expanding U.S. drought, now deemed the worst since 1956, dealt another blow to the corn crop, with conditions deteriorating for a second straight week in the world’s top exporter of the grain, U.S. government data showed on Monday. There …
The withering U.S. corn crop is gaining some respite from a record heat wave this week but new weather forecasts offered scant signs of the rainfall it urgently needs to avoid the worst drought damage in nearly a quarter century. …
Just one year ago Jeff Scates saw the worst flooding on his southern Illinois farmland since 1937. Today, Scates is watching his corn fields shrivel from the driest season in 24 years. “We’ve gone from one extreme to the other, …
