BREAKING NEWS Authorities release names of 2 people killed in Dodge County crash Full Story
BREAKING NEWS Rochester Fire Department gets recognized for saving dog Full Story
STREAMING NOW: Watch Now

Crop projections down again

Iowa farmers should prepare for another hit on crop prices as result of tariffs.

Posted: Sep 25, 2018 5:02 PM
Updated: Sep 25, 2018 5:06 PM

It's devastating news for farmers gearing up for fall harvest.

The Center for Agriculture and Rural Development (CARD) says farmers should prepare to take a hit on crop prices this fall.

The agricultural organization recently completed a study at Iowa State University showing how current trade disruptions have impacted Iowa's economy.

The study shows the soybean industry faces losing between $159-million to $891-million dollars.

Livestock is also expected to lose upwards of $900-million dollars, especially in the hog industry.

Trae Hestness of Farm Bureau tells KIMT this will have a direct impact on all Iowa residents.


“About one-in-five residents of Iowa are related to agriculture or have an income from agriculture, so you're thinking about one-in-five of your customers that walk through the door are going to be affected by these tariffs either financially or their jobs are affected by this,” said Hestness.


The full report from CARD is available here.

Article Comments

Mason City
Overcast
20° wxIcon
Hi: 36° Lo: 23°
Feels Like: 8°
Albert Lea
Overcast
19° wxIcon
Hi: 35° Lo: 24°
Feels Like: 9°
Austin
Overcast
21° wxIcon
Hi: 37° Lo: 25°
Feels Like: 12°
Charles City
Overcast
23° wxIcon
Hi: 33° Lo: 22°
Feels Like: 13°
Rochester
Overcast
21° wxIcon
Hi: 34° Lo: 23°
Feels Like: 9°
Sunny and cooler day for Friday
KIMT Radar
KIMT Eye in the sky

Latest Video

Image

Judge halts Honken execution

Image

It's all for the coach

Image

Thanksgiving for $100 or less?

Image

West Hancock wins state

Image

Chris' PM Weather Forecast 11/21

Image

Turkey Feast on a budget

Image

Preventing Suicide in Ag Communities

Image

Eagles are State Champs!

Image

NIACC Funding Referendum

Image

MN Kindness Week

Community Events