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Catastrophic $5.3 Billion Texas Drought Hits Global Cotton, Beef, Peanut Butter and Even Pumpkin Market

Rick Perry giggles and jiggles his head while his state slowly fries
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thinkprogress.org And it’s not just cotton. A terrible peanut crop will soon result in significantly higher costs for peanut-butter products; pumpkin prices have also spiked due to a shortage from Texas; and beef prices are likely to rise due to the crisis: No water = no plants = no meat …