Extreme Drought, Floods Wreak Havoc on US Farmland, Tripling Unplanted Acreage: Government Report

Aug 23, 2022 | EARNINGS

The bad news comes as a perfect storm of other factors negatively affecting food availability and costs, including surging crop and fertilizer prices, new ‘green’ farming rules in some countries leading to a downturn in crop yields, and the buying up of millions of acres of farmland by billionaire investors and hedge funds.

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