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ADM Net Falls 33% on Drought, Other Impacts
2013-05-02 02:14:53| Agriculture - Topix.net
Archer Daniels Midland Co.'s first-quarter earnings fell 33% as the agricultural giant continued to be hurt by the 2012 drought in the Midwest.
Who Paid For Last Summer's Drought? You Did
2013-05-01 23:57:00| Climate Ark Climate Change & Global Warming Newsfeed
National Public Radio: Say the words "crop insurance" and most people start to yawn. For years, few nonfarmers knew much about these government-subsidized insurance policies, and even fewer found any fault with them. After all, who could criticize a safety net for farmers that saves them from getting wiped out by floods or drought? But consider this: According to a , crop insurance allowed corn and soybean farmers not only to survive last year's epic drought, but it also allowed them to make bigger profits than they would...
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drought
Valmont Industries, Inc. (VMI) Profits From a Looming Repeat of Last Year's Drought
2013-04-29 01:59:36| Industrial Machines - Topix.net
The growth in sales was largely due to the company's Utility Support Structures and Irrigation segments, which each had 25% sales growth.
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years
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Winter Snow, Rain Help Drought Recovery
2013-04-26 17:06:00| Corn & Soybean Digest
It's no secret: the soil moisture conditions last fall were brutal for many parts of the U.S. And while many don't look forward to winter precip, this past winter, any form of precip was welcome to help replenish soil moisture across the Corn Belt. Here's a look back at the last six months of drought recovery in the U.S., as well as the changing drought outlook. read more
Tags: winter
recovery
rain
snow
Drought to Floods For Some; Dryness Holds On To West
2013-04-26 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Central: As the Midwest has lurched from severe drought conditions in late 2012 to record flooding during the past two weeks, the focus of the drought has shifted west, with drought conditions continuing to intensify in the West and Southwest, where many states are facing long-term rainfall deficits from up to three years of unusually dry conditions. According to the latest edition of the U.S. Drought Monitor, released on Thursday, an unusually cold and stormy weather pattern across the U.S. has helped...
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