Aug 11, 2012 8:27 PM

Drought affecting your bottom line

TUCSON - The worst drought in fifty years is affecting produce, livestock and your bottom line.

At Rincon Market, general manager John Abbott told us they've actually lowered prices on produce to bring in more customers.

The drought has affected everything from the price of eggs, to produce even gas.

"I know corn's causing gas to go up because of the ethanol that they put in the gas, which affects us," said Abbott. "We have to have gas in our vehicles to get our delivery."

Abbott said Rincon Market doesn't even carry corn because the price is so high from the drought that it's not even worth it.

According to the United States Department of Agriculture, corn production is down 13 percent from 2011.

It's the lowest production since 2006.

The price is nearly 9 dollars a bushel.

"It definitely affects my weekly budget and what I'm spending on food, so I have to be more conscious about where I'm shopping and how much money I'm spending," said Ally Carlo.

Abbott said Rincon Market isn't to the point where they need to hike up produce prices just yet, but he can't promise that won't happen in the future.

"Depends on where this goes where the drought takes us," said Abbott.

Abbott said he'll have a clearer idea in about a month or so.


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