WIUM Tristates Public Radio

grain prices

Grant Gerlock/Harvest Public Media

Farmers in the Midwest are facing a situation they haven't seen in years. Grain prices are down. After some of the most lucrative growing seasons they've ever seen, some producers could lose money on this year's crop. That could slow down the rural economy.

Large Drop in Farm Income Predicted This Year

Jul 16, 2015
Matthias Ripp/flickr

Corn and soybean farmers in the Midwest are likely to earn far less money this year than they did last year, with some economists predicting that incomes could be less than one-tenth of what they were in 2014.