Drought food prices

• WASHINGTON, July 18 (Reuters) - The drought in the U.S. Midwest is getting worse for hard-hit farmers and the wilting crops will mean higher food prices, the top U.S. agriculture official told President Barack Obama at the White House on Wednesday.
(Reuters)
• SALT LAKE CITY — The extreme heat this summer has added up to be one of the most expensive summers for farmers. And while farmers have been struggling for months, the impact of the drought is starting to hit the consumer.
(ksl.com)
• WASHINGTON/CHICAGO, July 18 (Reuters) - Oppressive heat and a worsening drought in the U.S.
(Huffington Post)
• But if the drought doesn't explain the current prices, what of the future? Food prices follow grain and oilseed prices.
(Los Angeles Times)
• Corn is used to make feed for all the animals in our food supply chain. As this drought reduces the harvest of corn, that would drive up the price of feed for animals and then in turn meat products.
(Time)
• The damage to crops and to grazing land for livestock ultimately will affect food prices, Vilsack told reporters at the White House. He described the drought as "the most serious situation we've had probably in 25 years.
(Bloomberg)
• A relentless drought searing much of the United States is obliterating crop production and will send food prices rising, experts warn. The U.S.
(NewsMax.com)
• WASHINGTON/CHICAGO (Reuters) - Oppressive heat and a worsening drought in the Midwest pushed grain prices near or past records on Wednesday as crops wilted, cities baked and concerns grew about food and fuel price inflation in the worlds top food exporter.
(NBCNews.com)
• A heat wave and prolonged drought and the resulting spike in grain and corn prices have caused investors to dump shares of meat production company stocks, including Smithfield Foods.
(Daily Press)