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Tag: drought
In parts of Plains, drought fears nag for third year
2013-05-05 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: Two years of heat and little rain already have drained Oklahoma agriculture, including a cotton field near Pocasset, above, of more than $1.1 billion in direct losses. The ongoing drought is creating a "sense of despair" in the region, says Ryan McMullen, state director of USDA rural development, much like when landowners abandoned their property in places like Guymon, Okla., in 1937 during the Dust Bowl, top. (Sue Ogrocki, Associated Press (above); AP file (top)) FREDERICK, Okla. -- When Kent Walker...
Climate change may bring drought to temperate areas, study says
2013-05-04 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed
LA Times: Climate change may increase the risk of extreme rainfall in the tropics and drought in the world's temperate zones, according to a new study led by NASA. "These results in many ways are the worst of all possible worlds," said Peter Gleick, a climatologist and water expert who is president of the Pacific Institute, an Oakland research organization. "Wet areas will get wetter and dry areas will get drier." The regions that could get the heaviest rainfall are along the equator, mainly over the...
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US crop insurance shields farmers from drought
2013-05-02 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: When dry weather destroyed Leonard McKissick's soybeans last year, US government-backed insurance paid him $US40,000, the bulk of his loss. Across the Arkansas Delta this spring, farmers such as McKissick are sowing fields that suffered the worst drought in more than half a century. Even though crops may fail again, landowners are shielded by taxpayers from the full burden of their bad bets. Drought helped drive the cost of crop insurance to a record $US17.2 billion, the US Department of Agriculture...
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UPDATE 1-ADM earnings drop following historic U.S. drought
2013-05-02 09:33:57| Agriculture - Topix.net
ROB Insight is The Globe and Mail's exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most.
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ADM Earnings Fall Sharply As Impact of 2012 Drought Felt
2013-05-02 05:19:17| Agriculture - Topix.net
Archer Daniels Midland, which operations in southwest Cedar Rapids, on Wednesday reported sharply lower first-quarter earnings as the company's agricultural services unit was affected by the ongoing effects of last summer's drought.
Tags: fall
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