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Worsening Illinois drought points to increasingly ominous signs for crops

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"In a normal season we rely on soil moisture to get you through August, but we don't have that," Angel said.

Less corn production usually means higher food prices, according to the USDA, though the full effect of a sparse corn harvest wouldn't move through to grocery stores until at least 10 months from now. But grocery shoppers could see the price of chicken or eggs and other meats increase sooner than that, since farmers often scale back on their livestock when the cost of corn feed is high, which can happen when corn production is low, Nafziger said.

Still, some say there's room for optimism. Angel said long-term forecasts show an increased chance of above-normal precipitation and more normal temperatures over the next two weeks. The heat and dry weather looks to be shifting to the west, maybe making the Midwest a little wetter and milder, Angel said.

"That's good news if it pans out," Angel said.

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