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This week: Big heat & big debt
A hot week
Sweltering weather and a debt deal in D.C. -- and
more importantly, how they affect your business -- were big stories this
past week in agriculture. Click through this slideshow to see a few
highlights of the last week in ag!
Though USDA didn't change crop progress ratings much over the previous week, farmers expressed some angst about how their crops are surviving the heat wave that enveloped much of the nation's midsection over the last couple of weeks.
'Lack of logic'
Those ratings have "not a lot of logic," said one weather-watcher this week. Farmers say these ratings are well off-base. "A lot of folks are going to be sadly surprised," says one farmer in a discussion this week.
Corn traded sharply higher Tuesday after estimates showed more crop damage. "The only way we will really know the impact of heat on pollination, and thus eventually yield, is to harvest some of the crop and record the impact on yield," market analyst Ray Grabanski said Tuesday.
Beat the heat
The heat has taken its toll on not just the crops out there, but also livestock, especially cattle. But, there are ways to keep the heat from doing too much damage to your stock. Check out a few ways to beat the heat at your place.