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The US corn harvest is now underway the first real sign of the true extent of this summer's devastating drought.
And -- many farmers -- the outcome is worse than expected.
We should junior is joining us now from the wars in Colorado with the very latest on this troubling situation -- -- -- what can you tell us.
I am a -- for folks who live in the west they know that there's been some rain however it did not come soon enough and a lot of crops are dead.
There is a domino effect here and if you buying meat.
This means you're going to be paying a lot more.
-- -- -- -- Could you not I'm not confident and political.
-- -- -- western ranchers are selling off cattle in hopes of surviving the worst drought in decades announcing they want so starting with the oldest and and going down.
The young trying to sell -- older -- -- balls family his ranch in northern Colorado.
This -- lack of rain that stunted grass on the range came at a bad time most guys are still.
Trying to in the game back but we've lost in 20013.
And get all those other -- real -- years from what I'm here from our ranchers out and about this is the worst ever.
-- really -- that covers a big swaths of the country.
It's all made worse by skyrocketing hand corn prices.
With a lot of -- court.
Corn farmers have been hit particularly hard we're in the -- to produce.
Then we're not doing a very good job producing right now.
You know and and that's that's a tough life of.
The people -- -- -- and consumers -- next absolutely you know in fact we could see a scenario where the price of inflation for food could go up as much as ten or 15%.
In this is one of the most serious price increases we've seen in some time.
And you know work here at -- farms in Morrison Colorado and interestingly.
The owner has not had to sell off any of his hurt because.
He -- the problem coming he used to work on a water board and he.
Planned to head back to you -- great planning on his part -- -- we're gonna see the price increase sooner than we think right.
Moved yeah absolutely.
Much sooner than people expected and some folks are actually gonna stock up their freezers they're saying because of grocery prices are expected to go up at the beginning.
A point thirteen.
If you are Lisa thank you very much.
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