Farm sector exposure to the 2012 drought increases from June to July
The 2012 drought in the U.S. is more extensive than any drought since the 1950's. A striking aspect of the drought is how rapidly it has increased in severity in early July, which is a critical time for crop development. This chart shows the growth in severe or greater drought within the agricultural sector between mid-June and mid-July. The share of farms under severe or greater drought increased from 16 percent of all farms to 33 percent. Total cropland under severe or greater drought increased from 17 percent to 39 percent, while the total value of crops and the total value of cattle exposed increased from 16 to 31 percent and 16 to 44 percent, respectively. For more information on the drought, visit U.S. Drought 2012-13: Farm and Food Impacts information page in the ERS Newsroom.
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