Worst Drought Since 1988, Praying for Precipitation

Worst Drought Since 1988, Praying for Precipitation Play

July 11 (Bloomberg) -- The U.S. cut its corn-harvest estimate 12 percent and said inventories next year will be smaller than forecast in June as the worst Midwest drought since 1988 erodes prospects for a record crop. Michael McKee reports on Bloomberg Television's "Market Makers." (Source: Bloomberg)

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