NU Online News Service, July 5, 2:24 p.m EDT
WASHINGTON—Signs are emerging that severe temperatures and lack of rain may cause steep losses in the Midwest's corn crop, but insurers remain hopeful that beneficial rains will fall and help crops in troubled areas of the country.
The potential for severe losses is ironic because the early predictions from the Department of Agriculture was that this year would result in the largest corn crop in many, many years.
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