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Thursday, July 12, 2012

Drought is affecting Corn Production, Price

This article tells about the recent drought in the U.S. and the increase in the price of corn. In the last 30 days, the price of corn went up 18.9%.

 You may not know it, but a higher price in corn affects almost all the other foods you eat. Many foods contain corn syrup, for instance. 

Corn is also the primary feed for livestock, so the price of meat will go up.

http://www.cnbc.com/id/48154510

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