You're watching...
FBN's Jeff Flock on how the drought in the Midwest is driving corn prices up and how it can potentially spoil the whole harvest.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
-- our attention to the drought in the midwest had ongoing drought is heating up agriculture commodities up pushing corn wheat and soybean prices to record highs.
And with triple digit temperatures expected in the next few days the outlook for the corn crop is -- Jeff Flock joins us live from a farm and more is Illinois Jeff don't we hear this every year that the crop -- -- going to be as good as expected and then at harvest time we get better than expected numbers.
Some years and then some years we get 1988 and you're looking at a huge nightmare for the farmers right now that is a root worm -- I think they're just scared him off but -- my may have killed him.
We -- in the middle of the year you know you make a point former source complain and I wanna talk to one of those guys now.
But Natalia here's what their complain about this year and this is about some soil moisture.
The level has not been this low since 1988.
Which has -- last one of the last huge droughts look at how the -- Is parched and broken and this is what is driving the price of corn up.
Because you -- in a critical period.
-- -- -- If you don't get moisture in the next couple weeks this crop which you know to some people may not look that bad I mean they -- if you see it -- about -- about -- man does not -- Well it doesn't look bad there were word and we need moisture quicker than two weeks we need moisture in the next few days.
We need to have good plan good -- plant health of -- -- pollination if we don't pollinated we won't have any crop.
So this will be pollinating within the next week so we need moisture in the next few days in -- hundred degree temperatures -- gonna kill.
I was gonna say that an Adam just mentioned that we're talking about a 101 -- 103 degrees on this field that we see right here.
And I tell -- if that happened said Adam it's.
You know it it really begins to jeopardize yield.
And as you know going into this year.
We worth the lowest.
Point in terms of stock piles of corn that we've been in I don't know anybody's many years so it's not a good situation that's why you see prices to what you're doing right now.
Jeff Flock thank you very much live forest down on the far more is still -- --
