'You're losing money everywhere': Iowa farmers try to hang on through pandemic crisis

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The pandemic follows several years of low prices. 'There will be some farms that won’t survive, and that's the sad reality,' one Iowa banker said.

With soybean prices around $7.85 a bushel, Bardole said he could lose about $100 an acre, based on his average yields. With corn prices close to $3, he could see a loss of about $130 an acre.

About two-thirds of the 400 farmers that Purdue University surveyed in April said they were worried or very worried about their farms' profitability, given the impact of the pandemic. "Things really looked like they were turning around," Bardole said."We thought prices would get back where we needed them. COVID-19 has thrown a monkey wrench into it. It looks different now than in January, and it will look different this fall. Who knows now if it will be better or worse.". Agriculture groups and Midwestern congressional leaders say farmers also need to be included in the next package of U.S. business assistance.

 

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I'm sure most of them supported tRump the businessman. Your vote has consequences.

Thump and pence did this to them with no plan, just hide the numbers by not testing. Disgusting bunch in Washington.

Open up the economy ASAP. We need farmers to eat!

Well, they get what they voted for. They couldn't stand a half-white president so they went all out to get the opposite of that man, they must now deal with the consequences of electing an overt moron.

Hi

MSNBC CNN You can thank Trump 4 that. He set up trade fights w/China that killed prices & sales 4 farmers.Then incompetently & ignorantly slow walked his response 2 covid-19 calling it a hoax, not keeping the stockpile full & blaming everyone else 4 his failure. 80,000 dead.

Between the tariffs and his inability to plan for disaster, Trump is costing us billions of dollars and countless lives. Small farmers are really suffering and this will end their sometimes generations of farm life.

Make a market outside the farm.

Trump totally screwed the farmers.

Open our country trump

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