crop prices impacted by lack of rain
Lack of rain is impacting crops, with maize and soybean prices soaring, while grain price hikes are having a negative impact on livestock herders.
ARKANSAS, USA — Corn and soybean prices continue to soar, but lack of rain could eat into row crop growers’ profits. Grain price increases have a negative impact on cattle farmers.
Less than an inch of rain fell in Jonesboro during the month of June, 56% less than normal, according to the National Weather Service. Temperatures were always in the mid-90s and topped 100 degrees on several days during the month.
Extreme heat and lack of rain are bringing abnormally dry conditions to parts of northeast Arkansas, which is the stage before drought conditions set in, according to the NWS. Counties with these dry conditions include parts of Clay, Fulton, Mississippi, Randolph, and Sharp counties. The number of counties with abnormally dry conditions could increase when the NWS releases a drought monitor update in July.
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