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Extreme Weather Conditions to Threaten U.S. Agriculture for Next Decade

U.S. agriculture is likely to face harsh weather for the next decade, threatening food production and the livelihood of the nation's farmers. Extreme weather conditions have slammed the United States this spring. Tornadoes and flooding in many U.S. states have killed hundreds and ripped through millions of acres of farmland. Residents of Joplin, MO continued to sift through rubble this week after being hit Sunday by the nation's deadliest tornado since 1953. Many U.S. towns now have to rebuild from devastating losses, and many farmers are left with a questionable future for their land. This prompted a reader to ask the Money Morning Mailbag how U.S. agriculture and food prices have been affected by the nation's drastic weather conditions. What does all the recent weather catastrophes in the United States mean for crops and farmland? Will this add to food prices that are already too high for our own good? -- Rob S.
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