U.S. Plagued by Drought, Bleak Expectations for Crops

Half of U.S. Plagued by Drought, Bleak Expectations for Corn and Soybean Crops More

The Department of Agriculture predicts that corn and soybeans will be among the hardest hit crops in the worst U.S. drought in 65 years. Margaret Warner talks to New York Times' Ron Nixon on how the drought will likely will impact global food prices and what it means for U.S. exports.

AIR DATE 8/10/12