AGRIBUSINESS: New Report Shows Drought Area Shrinking

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A new drought monitor report shows a 1.2% reduction in area of the contiguous United States still under the ongoing drought.

With 57.64% of the country covered, the report marks the lowest amount of coverage since the drought's peak in July 2012. The report also shows that drought-stricken areas of extreme intensity or less have been improving, the worst areas are stagnating.

For historical context, the drought of 2012 was nowhere near the worst in American history; that distinction still goes to July of 1934 in the height of the Dust Bowl, when 79.9% of the country was under a drought.