Grocery bills going up if drought persists

Groceries
Photo credit Getty

Louisiana isn't the only part of the U.S. suffering from drought. Much of the southeast and midwest -- major agriculture states -- are dealing with drought. That may hit you down the road at the grocery store.

"It is very dry," said Louisiana Agriculture and Forestries Commissioner Mike Strain.

Strain said this close to planting season, it means farmers will plant fewer crops.

"So the early indications are there's going to be less corn and significantly less rice planted across the United States," he said. "We will probably have an overall smaller grain and rice crops, which will drive prices up."

How much higher? Strain says farmers won't be able to estimate their harvests until at least halfway through the growing season,  giving commodities investors, and consumers, an idea of how much food will cost.

Featured Image Photo Credit: Getty