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Grain Prices Surge With Midwest Floods

Water inundating heartland expected to drive food, oil prices still higher

By Rob Quinn, Newser Staff

Posted Jun 14, 2008 9:45 AM CDT

(Newser) – The floods inundating the Midwest are pushing grain prices to new highs, the Wall Street Journal reports. Corn prices jumped 10% to a record high last week as farmland flooded. The domino effects will hit the ethanol industry, hog farmers, and even owners of catfish... Read full story »

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Grain Prices Surge With Midwest Floods

Water inundating heartland expected to drive food, oil prices still higher

Iowa • Midwest • ethanol • corn • flood • flooding • crops • farmland • grain • farm • commodities

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More Newser Stories

Bush to Visit Flood-Battered Midwest

Political pressure mounts for major flood relief

Floods Ruin Midwest Economy

Food prices repercussions will be felt around the state

Levees Crumbling, Midwest Struggles to Stem Tide

Aging infrastructure is barely coping with severe weather

Missouri River Threatens to Flood Iowa Town

Rising waters have already led to floods in other areas

For Sale: Field of Dreams

$5.4M pricetag for Iowa landmark includes place in film history

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