May 23, 2013

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Drought In Midwest Brings Pay Increase To Local Farmers

A summer that's been complete with soaking rains is bringing a potentially big pay day for farmers in the east.

Crop prices have greatly increased as a result of the widespread drought gripping the Midwest. Officials with Pitt County Cooperative Extension and one corn farmer said that while it's nice to have this kind of a crop yield when market prices are high, it isn't something that's sustainable or good for anyone else but the farmer.

"It's good for the farmers who are going to have some crops to sell. It's definitely good to help us maximize our profits; however, if it gets too high, in the long run it can be a detrimental effect," Farmer Chris Stancill said.

The federal government issued a warning that the drought in the Midwest will mean a three to four percent increase in food prices.


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