Farmers in 'deep trouble'
date:Jul 19, 2012
The action was part of several administrative efforts by the agency to mitigate what U.S. Agriculture Secretary Tom Vilsack said was the most serious situation we've had probably in 25 years across the country.
So serious that there may be less corn and soybeans for the U.S. to export, Mr. Vilsack said.
On exports, we would anticipate and expect they would be reduced, he said, but said the amount would depend on how much further corn and soybean yields are affected by the drought.
The USDA lower
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