Saturday, July 21, 2012

Midwest Crops Suffer at Hands of Drought

The Vegetation Drought Response Index, or VegDRI, is showing that the Midwest agricultural hearth is suffering at the hands of a mostly unrelenting drought ongoing across the region.

VegDRI is showing of 'Moderate Drought' conditions prevalent across mich of Illinois and Indiana into Iowa, with conditions even reaching into 'Severe Drought' levels across central Illinois. This is an important development, as groceries you buy will likely see potentially dramatic price increases over the next 12 to 24 months in response to this drought, similar to throwing a stone in a lake. The stone is the initial drought, and the ripples from this stone are the effects of the drought that branch off into a wide spread of areas with time, including food and commercial products.

A glance at short term drought forecasts indicates that this is not likely to let up anytime soon, and the drought (and price increases) should continue for at least some time to come.


No comments: