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Detailed text transcripts for TV channel - FOXNEWS - 20120714:22:12:00

The price of these commodities to spike. indiana seems to be the epicenter of the agricultural catastrophe. and it is spreading to illinois and iowa which is the country s largest corn grower. drought and heat have lead the u.s. department of agriculture to slash its u.s. corn production forecast to 12.97 billion bush shells. that s down from the previous outlook from 14.79 billion bush shells. this will be affecting other isles at the grocery store as corn is a key ingredient in so many products. parts of the midwest are getting scattered showers, but it won t be enough to make a difference to the already scorched crops and hay in the livestock pastures. there is no available moisture in this soil. if we have it it is just like sand. many are comparing it to the dust bowl of the 1930s. it not only destroyed crops, but lives as well. millions of acres of farmland ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120714:21:08:00

Arsonal, nerve gas, mustard gas and cyanide. a fox extreme weather alert. historic drought conditions choking our nation. the department of agriculture declaring 26 drought stricken states making it the worst in the last quarter sen tray. we go live to our new york city studio with more. hi, anna. hi, arthel. we are out in new york city, and it is a bit warm out here as well, but nothing compared to what the midwest is feeling. parts of the midwest are receiving scattered showers, but meteorologists agree that it likely will not be enough to make a difference to the already scorched crops and livestock pastures. americans really have not seen a drought like this since 1988 and no real relief is in the forecast as temperatures are expected to climb into the upper 90s and even triple digits in some parts of the country. christmas tree sap ligs and vegetables are drying up and ....

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