Economists at the U.S. Department of Agriculture, gazing into their crystal ball, see American farmers planting and harvesting huge amounts of corn, soybeans, and wheat this year. They're predicting a record harvest of corn: 14 billion bushels, up nearly 40 percent over last year's drought-crippled level.
With supply up, prices will fall. The USDA thinks that the price of the average bushel of corn could fall by a third. And soybean production and price are expected to follow a similar track.
Lack of water supply isn't just an issue in hot spots like Texas, Colorado and the Mississippi; it has also become a problem in the Northeast, where rivers are drying out in the summers and infrastructure developments are competing more for resources.
One of the area's biggest public universities, the University of Connecticut, needs more water. But plans to obtain it are generating controversy in a region where the availability of water is becoming more and more unpredictable.