USA Drought

2012 Drought Puts American Farmers to the Test 

July 26, 2012

Drought Monitor Map

The U.S. agricultural industry is facing the worst drought that the country has seen in over 50 years, according to the New York Times, and farmers and commodity traders have looked to new ways to weather the proverbial storm, or literally, the lack thereof.

According to the newspaper, the drought that has settled over more than half of the continental U.S. is the most widespread of its kind in more than half a century. Though optimistic industry veterans hope for rain, the majority of forecasters do not see a reverse of the current situation in the near future.