Corn field during drought (IMAGE) University of Texas at Austin Caption Dry corn stalks in Iowa during the flash drought of summer 2012, which wiped out crops and caused $35.7 billion in losses. Credit Unite States Department of Agriculture Usage Restrictions Credit must be given to the creator. License CC BY Disclaimer: AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert system.