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Indiana farms in poor to very poor condition

INDIANAPOLIS, Ind. -- Indiana's $8 billion corn and soy bean crop is dying for water.

A recently released USDA report shows that more than two-thirds of the corn crop is in poor to very poor condition.

More than half of the soy beans are in the same condition.

And unless there's a big turn around, it'll cost farmers more to raise live-stock.

A dairy cow eats about 100 pounds of feed every day.

Farmers are more than a little worried.

"It's as bad as I've ever seen it as far as the dryness we've had," Merrill Kelsay, a dairy farmer said. "We've survived this far. I hope we can. We may have to do some adjustments."

Some farmers are cutting their losses -- plowing their corn fields -- so it can still be used for feed.

Others are gambling on rain.

Most Indiana farms are covered by crop insurance, but it doesn't cover all the losses.

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