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Drought impact on crop prices

Study by University of Missouri economists

The impact of a possible drought on U.S. crop production and prices has just been analyzed by economists using computer models at the University of Missouri-Columbia.

The MU Food and Agricultural Policy Research Institute (FAPRI) has studied high- and low-yield scenarios on corn and soybean production.

“For the 2000 crop, the price of soybeans could be $4 per bushel or $7 per bushel,” said

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