SOUTH BEND, Ind. (WNDU) - To put it simply, this year hasn’t been easy for farmers. But there may be some help on the way.
The White House is considering a multi-billion-dollar bailout package .
But before we get to that, we’d like to highlight a few things.
Ag experts tell us farmers are in “an economic recession right now.”
Surging costs and foreign retaliation from tariffs have been a big reason for all the hurt in the U.S. ag industry, not to mention key immigration-related labor shortages and plummeting commodity prices, which 16 News Now has been covering the last several weeks.
Of course, soybeans are in the spotlight right now. About half of those exports went to China, but since May that’s dropped to zero with the ban China placed on U.S. soybeans in retaliation for Preside