U.S. Drought Driving Up Food Prices Worldwide

Prices jumped six percent in July.

The drought that's drying up the Heartland isn't just an American problem. It's causing food prices to surge worldwide.

And it could get worse.

"This is not some gentle monthly wake-up call, it's the same global alarm that's been screaming at us since 2008," said Colin Roche of Oxfam, noting that the drought could lead to food shortages for millions of people worldwide.