Drought Cuts U.S. Crops Below Demand First Time in 38 Years

Drought Cuts U.S. Crops Below Demand First Time in 38 Years

Jim Avelis/Tribune-Star/AP Photo

Bare corn stalks lay broken in a field in northern Vigo county Ind. on Oct. 3, 2012. Record heat in June and July sparked the worst drought since 1956, sending corn and soybeans prices to record highs.