Food prices going up because of the drought

Here are some quotes from this article:

http://www.foxnews.com/us/2012/07/17/historic-drought-conditions-can-lead-to-higher-food-prices-experts-say/?test=latestnews
"Prices are going to go up",

"that means across the board higher food prices",

"Since corn goes into so many food products for both humans and livestock, its effect on overall food prices is massive."

"If you like bacon and pork, you should buy it now, because by the fall you are going to be stunned at what it will cost."