Southern Farms Tallying Cost of Flooding on Economy

Flooding that has enveloped many of the southern states could also put local farmhands out of work and contribute to the rise in food prices. As the Mississippi River crests and begins flooding parts of Mississippi and Louisiana, the waters are wreaking havoc on wheat that is almost ready for harvest and recently planted corn that just broke through the ground. The barrage of water also is impacting the planting of rice, soybeans and cotton. According to the Arkansas Farm Bureau, the flooding has submerged 1 million acres of cropland, costing more than $500 million. Destruction of the crops could result in higher food prices for consumers. Read more (Fox News).