Oil, dollar hit U.S. farmers

(02:08) Report

May 9 - U.S. farmers busy planting the new corn crop are feeling the pinch from high oil prices and the weak dollar.

Across America's corn belt, farmers are busy planting the new crop. But despite record high prices, farmers aren't necessarily reaping a windfall.

Sky rocketing oil prices and a weak U.S. dollar have many concerned about where prices go next.

Ruben Ramirez reports from Peotone, Illinois.

SOUNDBITE:

  • Jim Robbins, Corn farmer
  • Richard Brock, President, Brock Associates

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