Thursday, June 03, 2004

Scientists zero in on drought-resistant crops

Read how Scientists zero in on drought-resistant crops in this news article.

Although drought resistant crops may be a boon to agriculture in general, it will probably be a detriment to the crops currently grown in the Midwest. These crops generally get enough rain that this type of gene really isn't needed.

What will most likely happen is that these crops will now be grown in areas that currently can't support them. I can see this being quite a plus for the farms out west in Kansas, Nebraska, & Colorado where they receive much less rainfall and are having problems sustaining their current irrigation needs.

My net result prediction? Lower commodity prices in general, lower land prices in the Midwest, but higher prices in the near west.

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