This week, we continue our coverage of the farm disaster occurring in the Midwest. Nebraska agricultural officials tell media outlets the estimated damage from the flooding is $400 million in crop damage and another $400 million in livestock losses. Satellite data shows the 'bomb cyclone' weather event left wide swathes of nine major grain-producing states under water. Iowa is the top corn producing state in the country, and number two in soybeans. It was also the state that had the most water, covering more than 474,000 acres. Meanwhile, cattle losses may have long-term effects on the price you pay for beef.