US Flooding Pushes Corn Price Higher
1,650 views · Published 19 June 2008 · 1:25 · Indexed 22 September 2026
Channel: Voice of America · 2008 · News & Politics
The U.S. Agriculture Department says widespread flooding in the U.S. Midwestern states has destroyed thousands of acres of farm land. It has also sent the price of corn sharply higher -- to more than seven dollars a bushel - up from four dollars this time last year. Economists say consumers are likely to feel the impact of flooded corn fields on their already shrinking wallets. VOA's Mil Arcega reports.