Though the Midwest flooding may be hundreds of miles away, the effects are coming to a supermarket near you. Experts estimate more than a million acres of corn has been lost and the loss will affect everyone come fall.

The agricultural community says we haven't seen anything yet. If the high fuel costs haven't hurt you, the flooded corn fields will wash away your wallet. Bedford, Virginia corn may be alright, but that's not the case in Iowa. Raging flood waters have destroyed corn fields across the state that produces 20-percent of America's corn.

Corn goes into everything from dairy products to beef and if shoppers think milk is expensive now.

Sam Williams, Manager of the Bedford County Cooperative - "They're getting ready to take it on the chin. We expect grocery prices to go up 25-30 percent more between now and the end of the year."

Williams says Americans use corn products 50 times a day. Right now corn futures are around $7 a bushel. If rumors are true, corn could go as high as $10 a bushel and local farmers like Bob Turner are going feel it big time.

Bob Turner, Bedford County Farmer - "It's gonna make it tighter, a whole lot tighter. No doubt about that. Something’s gonna have to give."

Turner needs tons of corn feed for his dairy cows. If growing corn prices shoot up over the summer, Turner says he'll need to see double what he currently gets for a gallon of milk.

Turner - "In order for the dairy, beef, and pork, and poultry producers in this country to survive, we gotta have more for our product. If not, we're not going to be there. And who's going to feed this country."

Farmers are hurting more now-a-days than Williams has seen in his 30 years of working in agriculture. And he says if the farmers hurt -- everyone hurts.

Williams - "They're going broke and it's going to affect us locally, because we're going to have some producers that go out."

If American farmers go under, Williams says we'll have to start shipping in food from Third World countries. That's risky business because many of those countries produce food with chemicals that are illegal in the US. Just a little food for thought.