He notes that near-term conditions looks weak, and Q4 results are likely to be weaker than typical seasonal levels, and he thinks 2013 estimates will come down as earnings reports roll in starting later this month.

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The 1956 drought brought serious economic repercussions, the National Oceanic and Atmospheric Administration notes in a report on historic weather conditions.

CNN: U.S. drought biggest since 1956, climate agency says

Fouse notes finances in the meat industry are improving and demand for edible oils and biodiesel should help business conditions in the second half of the year.

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The new FAQ document notes that insurance companies may establish an open enrollment period for children with pre-existing conditions and makes clear that the Administration will not hesitate to issue regulations if insurance companies unfairly limit access to insurance for children who need it most.

WHITEHOUSE: Health Care Blog | The White House