Drought in Michigan May Have Long-Term Consequences
Because the drought in the Midwest hasn't ended, prices for animal feed keep rising. In turn, struggling farmers will have to charge more for their meat and dairy products.
Michigan State University Extension Agricultural Economist Jim Hilker says it's all part of the food chain.
"When you have less production, you have higher prices. The biggest use of corn and soybeans is for feed for livestock and dairy animals," said Hilker. "You have higher feed prices, that means it costs a lot more to produce milk, beef and hogs."
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