'Food prices are expected to surge after the worst drought in the U.S. for half a century destroyed one-sixth of the country’s expected corn crop over the past month.
The hottest July in U.S. history has caused irreparable damage to crops, forcing corn farmers to abandon fields greater in area than Belgium and Luxembourg. Soyabeans, which are used for animal feed and to make vegetable oil, have also been affected, with this harvest likely to be the worst for five years.'
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