After the drought, what next?

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2012-11-28
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Taylor, Elwynn
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Historical events hint that the Midwest may be on the verge of crop weather reminiscent of the 70s and 80s. Abnormally active weather systems can bring a mix of record high yield crop years interspersed with adverse production conditions. Agriculture will remain the world’s largest and most basic industry, but will become more dependent on technological advances and on effective risk management than was demanded over the past 20 years.

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