US Drought Subsiding, Slightly, But The Damage Is Done


America's worst drought in more than 50 years seems to be subsiding, slightly, as summer starts to wind down in the northern parts of the country and rain comes to the parched Southeast, according to the latest weekly U.S. Drought Monitor report.


The U.S. Dept. of Agriculture estimates that 61.8 percent of the country's 48 contiguous states (excluding Hawaii and Alaska) are still under abnormally dry to severe drought conditions. Corn rated as good to excellent appears to be stabilizing at 23 percent. Soybeans might receive some late-season respite in the Northwest, but much of the damage is already done.


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US Drought Subsiding, Slightly, But The Damage Is Done US Drought Subsiding, Slightly, But The Damage Is Done Reviewed by Crude Oil Facilitators on 15:47 Rating: 5

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