ROCHESTER, Minn.-Southeast Minnesota is growing in more ways than one.
That's what regional leaders tell the public at the Chamber of Commerce Economic Summit held earlier today.
Farming is a major industry across our area and the impact agriculture has on the southeastern Minnesota economy is tremendous.
We spoke to a Matt Flynn. He’s a fourth generation farmer who works and lives in rural Stewartville. He attended the economic summit to talk about how the agricultural industry is doing...and they're not doing so well.
The industry is on a downward trend and that's something Flynn notices.
He says expenses are going up and he's not seeing the money in return and it's hard for him and other farmers to make a living.
“Revenue have been dropping and our expenses have been going up. It's just a matter of time nobody can succeed with that kind of business plan. It's really have gone down a lot in the last year from the tariffs and the commodity prices have gone down in just about everything in agriculture,” said Flynn.
Flynn says there has to be a change or there will be you'l start to see fewer farmers.
- Rochester's Chamber of Commerce Economic Summit
- Rochester Bike Summit 2018
- Minnesota Chamber of Commerce kicks of policy tour
- Clear Lake Chamber of Commerce leader to retire in June
- Executive Director of the Albert Lea-Freeborn County Chamber of Commerce Passes Away
- Local chamber of commerce says county is losing out on tourism money
- Clear Lake Police and Chamber of Commerce host active shooter education
- Rochester lawmaker wants to revamp 'Corridors of Commerce' funding
- New president named for Rochester Area Economic Development
- New natural foods market opening in Rochester, bringing economic impact