Weather, Drought | featured news

Drought disaster strikes 597 counties

The U.S. Agriculture Department cited drought and heat on Wednesday in designating 597 counties in 14 states as primary natural disaster areas.

 

Wine experts: worst grape harvest in half century

Grape

Drought, frost and hail have combined to ravage Europe's wine grape harvest, which in key regions this year will be the smallest in half a century, vintners say....

 

Freeze, drought take bite out of fall tourism

Fall Tourism

Devastating spring freezes and a historic drought have stripped some charm from rustic fall destinations, leaving some corn too short to create mazes, orchards virtually devoid of apples and fall colors muted....

 

Opinion: Why 2013 will be year of crisis

Food Crisis

David Frum says the drought is driving up world food prices, and history suggests that is likely to produce unrest within poor nations. Prediction: 2013 will be a year of serious global crisis. That crisis is predictable, and in fact has already begun. It will inescapably confront the next president of the United States. Yet this emerging crisis got not a mention at the Republican National Convention in Tampa. We'll see if the Democrats do better.

 

Drought Policies Must Be Adopted Worldwide, UN Officials Say

The world urgently need to adopt drought-management policies as farmers from Africa to India struggle with lack of rainfall and the United States endures the worst drought it has experienced in decades, top officials with the U.N. weather agency said Tuesday.

 

Grocery prices may ease soon despite drought

Corn

Though severe drought conditions have raised the cost of food this summer, consumers may have seen the worst of the price impact at the grocery store. Higher food prices helped lift the closely watched Producer Price Index by 0.3 percent in July, the fastest pace in five months. At the same time retail sales rose 0.8 percent, the first increase in four months and well ahead of expectations, signaling that the sluggish economy may be picking up momentum.

 

World powers weigh emergency meeting on food prices

Food Prices

Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to tackle soaring grain prices caused by the worst U.S. drought in half a century and poor crops from the Black Sea bread basket.

 

Amid drought, USDA cuts corn crop estimate to 17-year low

Corn

The punishing Midwest drought is expected to reduce the nation's corn crop to its lowest level in almost two decades. On Friday, the U.S. Department of Agriculture cut its estimate for the corn crop by nearly 17% and raised the upper end of its price forecast by 39% to almost $9 a bushel. In its report, the USDA forecast the nation's corn yield to be about 123.4 bushels per acre -- the lowest level in 17 years.

 

Drought, food prices fan fears of new crisis

Food Crisis

Global alarm over a potential repeat of the 2008 food crisis escalated on Thursday after data showed food prices had jumped 6 percent last month and importers were snapping up a shriveled U.S. grain crop, helping drive corn prices to a new record.

 

USDA says drought will push up food prices in 2013

Drought

The record drought gripping half the country will help push food prices up by 3 percent to 4 percent next year, the U.S. Department of Agriculture said Wednesday. Milk, eggs,beef, poultry and pork prices will all be affected by the drought, which has pushed up prices for feed. Beef prices are expected to see the biggest jump at 4 percent to 5 percent. Dairy product prices are forecast to climb 3.5 percent to 4.5 percent; poultry and egg prices are projected to rise 3 percent to 4 percent; and pork prices are expected to rise 2.5 percent to 3.5 percent in 2013, the agency said.

 

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