Page 2 - Corn Supply News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The individual ears are not filling in. half of the corn yield in america right now is rated as poor to very poor. midwest farmer rod sharkey says it's too late to even hope for rain. >> look great. the water shut off. we have lost our crop at this point. >> possibly the hardest hit are the livestock. it's causing decrease in price of meat but you will pay for it in the long run when the supply runs low. before recess, house of representatives passed $383 million drought relief bill to open conservation land for grazing. the senate had its own bill and congress went home leaving the farmers hi...

Working and brought everybody down safely. park officials closed that ride for safety inspection. i'm shepard smith. this is the fox report. it's the bottom of the hour. time for the top of the news. u.s. farmers are taking new steps to try to survive this year's drought. and that could effect how much we all pay at the grocery store. and at this gas station. some key farming groups report that for the first time they are asking the feds to relax a requirement for the amount of ethanol in our gasoline. they say it could help lower corn prices but ethanol producers disagree. now, keep in mind a...

>> reporter: it hasn't been this bad since the 1950s. forecasters say it's not going to better any time soon. more than half of the country now with drought conditions. as you mentioned 26 different governors have declared their states disaster areas because of this. and it really comes down to too much heat, not enough rain. and we'll all feel the impact no matter where we live, that's because of the affect all this is having on our food supply, most specifically our corn supply, corn or corn products are in a lot of the food that we eat. it's also what farmers feed their livestock which even...

Of missouri. every county, has been declared a natural disaster area, opening up federal assistance to farmers. one of the biggest impacts has been on the corn supply. as bill karins told us yesterday, despite farmers planting the largest corn crop in 75 years in states like indiana and kentucky, more than 90% of that crop is now in jeopardy. as farmers rationed corn for feed, live stock and ethanol, the shortage could push up prices of almost everything we buy in the grocery store. here now to give us a sense of how long this is going to last, if there's any help on the way, bill karins. what...

The biggest concerns. topping the list, food prices. the head of the world bank said this about food prices. >> this is the biggest threat today to the world's poor. where we risk losing a generation. we are one shock away from a full-grown crisis. >> glenn: what could that one shock be? could it be japan? or the middle east? could it be let's say in the heartland we have tornadoes. what would that one shot be? i'd like them to be more specific. what does it mean, a full-fledged crisis? whether it's 245 tornadoes in one weekend or the flooding in australia, or the fires in the middle east. or ...