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IPFS News Link • Agriculture

US Corn Crop Deteriorates After Midwest Hit By Worst Drought In Decades

• Zero Hedge

The latest weekly report from the US Department of Agriculture shows the US corn crop deteriorated by the most in nearly three years as drought conditions worsened in the Midwest. 

About 64% of the nation's corn crop was rated good-to-excellent in the weekly report, a five percentage-point plunge that was the most significant decline since August 2020. The drop was more than double of any analysts surveyed by Bloomberg. 

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