As if Europe didn't have enough on its plate, it now faces a big drop in the price of one of its biggest exports, olive oil. Seventy percent of the world's olive oil supply comes from Spain, Greece and Italy.
People in northern Italy are still dealing with the aftermath of the earthquake this week that killed seven. It struck hardest in some of Italy's richest farmland and ten percent of the world's supply of Parmesan has been affected.
Polls show more than 90 percent of Americans would like a label on food made with genetically modified crops. The Food and Drug Administration has declined to require GMO labeling, but 20 states are taking matters into their own hands.