This time last year we were singing a different tune when it comes to weather. All across the US companies are losing missions of dollars due to the 2012 drought that is wreaking havoc. The waterway companies alone stretching the Mississippi and Ohio river will definitely not be able to capitalize near the $180 billion they are used to.
When you look at how this effects the consumer, corn prices are at an all time high near $9/bushel. Think about that next time you are checking out at your local grocery market. How are you budgeting for the increase in costs?