Hundreds lose agriculture jobs in Iowa

Hundreds lose agriculture jobs in Iowa

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(ABC 6 News) – Over the past weeks, hundreds have found themselves without a job, due to multiple layoffs in the agriculture industry.

Currently, both corn and soybeans are selling for less than in previous years.

Iowa Grain Commodity Pricing (United States Department of Agriculture)

Low income, combining with rising costs for fertilizers and equipment have narrowed profit margins.

According to Iowa Secretary of Agriculture Mike Naig, farmers could experience a 25% income drop nationwide