Byron Dorgan: “We have an agricultural disaster, not with respect to the collapse of commodity prices but with respect to floods and…”

“We have an agricultural disaster, not with respect to the collapse of commodity prices but with respect to floods and drought that have destroyed a significant number of crops in various parts of our country. If I might, with my colleagues' consent, show a picture of a fellow standing in front of about 300 acres of soybeans. As you can see, it is of course nothing but water. These soybeans are gone. It is the result of a June 12 and June 13 deluge of rain that fell in the Red River Valley, somewhere in the neighborhood of 16 to 19 inches of rain in a period of about 36 hours.”