A devastating late-April freeze has just wiped out 90% to 100% of the fruit crops across the East Coast, and the financial fallout is staggering. From Pennsylvania to New York and New Jersey, family farms are facing a total loss, and your grocery bill is about to feel the heat.

In this video, we break down the "Perfect Storm" that led to this disaster, the states hit the hardest (including a $200 million hit to Pennsylvania alone), and exactly how much more you can expect to pay for apples, peaches, and cherries this summer.