Australian billionaire Anthony Pratt bets on America's food future

WASHINGTON - Australian billionaire Anthony Pratt recently made headlines when he pledged $2 billion to invest in America's food manufacturing industries, which he believes can lead to the creation of thousands of new jobs in the United States.

Pratt was in D.C. to take part in a food industry conference Wednesday at the U.S. Department of Agriculture, and he stopped by FOX 5 Morning to talk about his idea, and why he believes it's already working.

Watch the video of his interview above.