All Posts Tagged With: "fiscal policy"

Uncle Sam, King Corn, and Emergency Legislation

This summer has been warmer than average.  Living in Minnesota, the Midwest is known for being tolerable of all kinds of weather, but this summer has been unique.  One of the hardest-hit commodities, corn, is playing a critical role in our food chain and even more so, our pocket book.

I am a city gal who grew up in a small farming community, and when I dial back home, many farmers are in fear and apprehension of how long last years corn yields will last, due to the brutal 2012 summer drought.  This year’s crop yield is on track to be the worst in 15 years, and corn prices have already hit record high levels.   Almost 90% of the United States’ corn crops are in …


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