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West-Central Missouri | Right off I suspect things would go like this:
2012 drought: Idle ethanol plants, cut ethanol mandate to 5% get thru market year, cut ethanol all the way if necessarily. Hope for a serious wheat crop.
2013 drying up into early summer with NO subsoil moisture We might have enough wheat to feed cattle
2013 full blown drought. in Aug., yeild is gone
Export Embargo on all grains, by this point the public would have to be really concerned about food supply., Cut ethanol to 0.
After that I have no clue.
I do think wheat would become a major crop as it can be converted to food more easily than soys, and requires less moisture than corn.
I am not sure at what rate meat would become scarce and prices would subsequently rise at meat counter. There would be a temporary that would ripple thru the livestock market as herds were liquidated.
This is my opinion only.
One more thing. Tall waterhemp and pigweed would run wild.I am not sure a drought can kill them.
Edited by gbryce 7/9/2012 21:14
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Are there any history of droughts
