Economics
Worst-in-Generation Drought Dims U.S. Farm Economy Hopes
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Cloudless skies seldom look so ominous.
A worst-in-a-generation drought from Indiana to Arkansas to California is damaging crops and rural economies and threatening to drive food prices to record levels. Agriculture, though a small part of the $15.5 trillion U.S. economy, had been one of the most resilient industries in the past three years as the country struggled to recover from the recession.