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Message Subject THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Poster Handle RoXY
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US Drought Could Have Significant Impact in Developing Countries
The recent heat wave and drought in the United States have sharply reduced expected yields for some food crops this year, resulting in surging prices for food commodities such as corn and soybeans. Analysts say consumers are likely to see higher prices at the supermarket. But as Mil Arcega reports, smaller yields and higher prices could have lasting implications in other parts of the world, especially in developing countries.

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