July 17, 2012
WELL, IT’S BEEN RAINING HERE FOR OVER A WEEK: Drought in U.S. reaching levels not seen in 50 years, pushing up crop prices. But there is a drought. However, its extent may be exaggerated.
UPDATE: Which isn’t to say it isn’t plenty dry in plenty of places. Reader Robert Ives writes: “Here in the middle of Indiana it is the driest I can remember in my 55 years.”
And reader Avner Bezborodko writes:
I am a libertarian, and I don’t like hyperbole, but it isn’t true that the drought is not bad and getting worse.
Look at the below link. It is more current than that in your post, and shows that things have gotten worse through July.
It’s bad. Let’s just not jump into Joad territory prematurely.