“The initial impact of a drought is a sharp reduction in the state’s water supply, which in turn has immediate impacts on agricultural productivity commercial activities that require water, and public goods that are water-based,” said David Swenson and Liesel Eathington, economics, in an article for Drovers Cattle Network. In terms of secondary consequences, the economists report, “The widespread reduction in crop yields in Iowa will reduce harvest times, it will decrease grain hauling and there will be less demand for grain storage. Farther on, reduced yields, especially in the eastern part of Iowa, will decrease the demand for barge transport. In the nearer term, warehousing and shipping might see the greatest impacts from reduced farm quantity production.” More: http://www.cattlenetwork.com/cattle-news/latest/How-will-the-drought-imp...