Fox News
Expand
Browse All Video
Watch Live

You're watching...

Over half the country struck by moderate to severe drought

Details

  • Description

    Food prices could be affected later this year

  • Duration 1:41
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

If I had to.

-- very -- I could do I would do it secretary of agriculture Tom Vilsack expressing the desperation farmers are feeling across the US.

As more than half the nation suffers from moderate to severe drought conditions.

61% of the land mass the United States is currently being characterized as being impacted by this drought.

The Obama administration taking quick action to provide some relief to those affected.

Streamlining the disaster declaration system and process reducing the time it takes to have a county officially designated a disaster.

That means of producers in those counties and adjoining counties are able to access low interest loans as president instructed us to reduce.

The interest rate on those loans.

From three point seven -- percent to 2.2 5%.

Washington also working to extend relief the livestock farmers who face a shortage of -- and raising.

Needed to -- their cattle and other animals.

I think everybody understands it now it's all hands on deck.

President's very concerned about making sure we do everything we possibly can to help as many producers as we can't through this difficult circumstance.

Well food prices are not expected to go up for now experts they would all go grocery shopping later this year they could be in for a rude awakening -- check out.

It's very possible that next year when we get this -- -- if we don't get rain soon.

We're gonna see probably the most significant food and place in the we've seen maybe in a decade.

-- -- taking a huge hit the US is the largest producer of corn in the world.

By the US Department of Agriculture says 38% of the corn crop is now in poor or very -- condition compared with 30% just a week earlier.

In Chicago Mike Tobin Fox News.

Load More