US Farm Belt Faces Economic Disaster From Floods

Surging water is moving down the Mississippi riverdestroying crops of corn, wheat and soybeans that
devastating towns and farmland along the way. Thehad been planted in recent weeks. This is the heart of
river has topped close to a dozen levees floodingthe U.S. grain-producing region and the losses in the
towns in Iowa, Illinois and Missouri and residents fartherflood zone will surely cause higher food prices
downstream are bracing for the surge as it heads theirworldwide.Corn hit a record price of $8 a bushel earlier
way. VOA's Greg Flakus has more from Councilthis week and some analysts believe it will move
Bluffs, Iowa.Doug Smith and Debbie Hall put ahigher once the full extent of the damage to farmland
protective cover over the sandbag levee being builtis known. Losses in Iowa alone are estimated at $2.7
around the town of in Hamburg, Illinois, 20 Junebillion. For farmers in the northern part of the flood
2008Residents are returning to their homes in somezone it may be too late to replant since there are not
parts of Iowa and farmers are trying to determine ifenough days left in the growing season to bring a crop
they can salvage fields that were flooded soon afterto harvest. But even many farmers who would like to
being planted. President Bush toured the disaster areareplant there is pessimism. Many of them say the
Friday as did presidential candidates, Senator Johnground is too soggy for them to enter the fields with
McCain, the presumptive Republican candidate, andtractors and other equipment.But even after fields are
Senator Barack Obama, the likely Democratictotally drained farmers will face the problem of silt and
candidate.But even as citizens began the clean upcontaminated material that washed over their land with
process in Iowa, assisted by the National Guard andthe floodwaters. It may take years for some areas to
relief agencies, people farther downstream wererecover completely.The floods have also disrupted
fleeing the raging water. In Foley, Missouri, Johnother economic activity in the area. Tourism has fallen
Watson spoke to reporters from the roof of hiseven in areas unaffected by flooding because people
home."There is nothing you can do, just sit there andare avoiding travel to the Mississippi river area in
watch it come at you. Get everything out you can," hegeneral. Barge traffic on the Mississippi has been
said.But the people whose homes have been floodedslowed as well. Officials say this year's floods will likely
are not the only ones likely to feel pain from thissurpass the devastation of the 1993 floods in the
disaster. A lot of valuable farmland has been floodedregion, which resulted in losses of over $20 billion.