Jul 31, 2013 8:46 AM by Lacey Steele

Too much rain in the southeast could mean higher grocery prices

It's peak season for summer fruits and vegetables, but there's a big problem in a large part of the country.

Unlike here in Colorado where we are dealing with a drought, many farms in the southeast have been drowning in too much rain.

That will eventually mean higher prices in the grocery store for millions of Americans.

Several farmers say they've lost at least a third of their yields.

"I would expect to see average prices for fruits and vegetables maybe 10% higher this fall than they were in the spring, or where they are right now just because there's going to be less supply available," said Bernard Weinstein, an agricultural economist.

The problem: it's too wet to cut many crops and others drowned completely.

Many of these farms were still recovering from drought conditions last year.



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