Kimle comments on the effects of increased corn prices
Kevin Kimle, director of the Agricultural Entrepreneurship Initiative through the Department of Economics at ISU, was recently featured in stories in Inc. Magazine and NBC News on the impact of drought on corn prices. Says Kimle, "Corn matures by about Labor Day, but what happens in dry conditions is it shuts down early if it doesn't get any moisture. When the cost of a base ingredient like corn goes up, it fundamentally affects everything."
Read the full NBC story at: http://economywatch.nbcnews.com/_news/2012/07/27/12975418-businesses-far-and-wide-brace-for-droughts-effects?lite
Read the full Inc. Magazine story at: http://www.inc.com/issie-lapowsky/drought-threatens-small-businesses.html


