Drought Speculations

A couple weeks ago I started but did not finish apost on the possibility of a drought in the Midwest--then it was a topic restricted to the ag media.  Today the drought has reached the top of the news pages and news broadcasts.  Two things will be happening in parallel: the drought will progress and Congress will be working, or not working, on the new farm bill.  Presumably there will a temptation to patch holes in the 2012 safety net with provisions of the bill, perhaps the adverse impact on pork, beef, and chicken producers. The extent to which crop insurance can handle the impacts on crop producers will also be interesting.  My impression is they did well with the drought last year which occurred in Texas.  We shall see. (I guess that's a last sentence I can use on most of my posts.)