A new report indicates that farmers’ incomes across Iowa could decline significantly next year. The net income for Iowa farmers is expected to fall by 24% compared to this year. That’s a total of $3 billion, according to the Rural and Farm Finance Policy Analysis Center at the University of Missouri. CBS News correspondent Lana Zak has more.
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Summary
Iowa farmers’ incomes to decline amid trade war, no farm bill allocations, report finds (Video)
Description
A new report indicates that farmers’ incomes across Iowa could decline significantly next year. The net income for Iowa farmers is expected to fall by 24% compared to this year. That’s a total of $3 billion, according to the Rural and Farm Finance Policy Analysis Center at the University of Missouri. CBS News correspondent Lana Zak has more.
CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations’ top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.
Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
Watch CBS News: https://cbsnews.com/live/
Download the CBS News app: https://cbsnews.com/mobile/
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Follow CBS News on Twitter: https://twitter.com/cbsnews
Subscribe to our newsletters: https://cbsnews.com/newsletters/
Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h
For video licensing inquiries, contact: licensing@veritone.com