Drought to Hike Food Prices
Thursday, July 19, 2012 at 1:10 PM
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Download MP3The severe drought in Ohio is having an apparent effect on food prices. However, as agricultural economist Matt Roberts explains, the drought will have a more prolonged influence on meat and dairy products. he spoke with Ohio Public Radio’s Bill Cohen.
It may be raining in some parts of Ohio today but that doesn’t mean the drought is over. In fact, it’s getting so severe, it’s clear that food prices will be rising.
Matt Roberts is an agricultural economist at The Ohio State University. Roberts says it will be the price of meat, poultry, eggs, and milk that will likely rise the most because of the drought. He says that’s because farmers will have to pay a lot more for animal feed
One farmer in Paulding county says his corn crop is so damaged by the lack of rain, he may not even try to harvest some acreage.
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Economy, Regional Economy/Business - Analysis and Trends, Environment, Government/Politics, Statehouse News Bureau
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