Obama Announces Meat Purchase to Help Farmers Through Drought

http://www.bloomberg.com/news/2012-08-13/obama-to-urge-agriculture-bill-as-usda-buys-170-million-of-meat.html

President Barack Obama, campaigning in Iowa today, announced $170 million in government meat purchases to help farmers struck by drought, helping to send hog prices to a one-week high.

The purchase of as much as $100 million of pork, $50 million of chicken, and $10 million each of lamb and catfish come on top of $30 million in assistance announced last week. Farmers and ranchers are struggling with the worst combination of heat and dryness since the 1950s, the administration said.