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July 19th, 2012
06:14 AM ET

Drought threatens food, fuel prices – Rob Marciano talks to a struggling dairy farmer

This morning, more than 60% of the US is now dealing with extreme drought conditions that are showing no signs of letting up.

Officials say close to 1300 counties - 1/3 of the counties in the entire country - have now been labeled disaster areas. The Obama Administration is now asking Congress for drought relief help and to pass a $500 billion farm bill.

Right now, crucial farm crops are withering away, suffocating under the blistering heat and threatening to drive up prices on food and fuel for the entire nation. Soybean prices have already surpassed record highs and corn prices are next. Agriculture Secretary Tom Vilsack says increases in consumer costs could come later this year and next year.

This morning on "Early Start," CNN's Rob Marciano is live in Indianapolis at the heart of the drought, and he talks to a dairy farmer who says the drought threatens his ability to feed his cows and will push prices up.

Filed under: Drought
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