Economic Downturn Hitting All Farmers: Corn, Soybeans, Cattle, Hogs

downward trend 1Northwest Iowa — An ag industry analyst says the economic downturn is hitting all sectors of agriculture and virtually all farmers in our area, as well as statewide, are feeling the brunt.

Dave Miller, Director of Research and Commodity Services for the Iowa Farm Bureau, says every commodity is being impacted.

Miller says part of the reason for the economic drop is tied to large crops globally.

Miller says it’s an unfortunate reality but the situation won’t likely improve until there’s some monumental natural disaster.

Miller says you don’t often get five years in a row without inclement weather impacting agriculture.

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