In Midwest, Farm Economy Outlook Not So Rosy
In Midwest, Farm Economy Outlook Not So Rosy
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Farmers have been harvesting record-breaking crop yields over the last few years.
But there’s a downside. Prices for commodities like corn and wheat are at their lowest point in a decade. Banks that lend to farmers expect fewer producers will be able to pay back their loans.
Grant Gerlock (@ggerlock) from Here & Now contributor Harvest Public Media looks at whether that’s a sign of trouble for the rest of the farm economy.
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