DAVENPORT, Iowa (KWQC) - Members of the Iowa Farmers Union are in Washington, D.C., to talk to Congress about the impact of tariffs on their economy.
Experts say the biggest impact on Iowa’s economy comes from the tariffs between the U.S. and China.
Corn has three main markets: livestock feed, biofuel production, and exports.
This year, the corn crop is estimated to be the largest the U.S. has ever grown, but no one is celebrating.
“It’s very discouraging for farmers to think that they’ve done all the things right in their fields and have put innovations in place and made good decisions, but yet, even with strong yields, they’re gonna be facing a loss on what they’re producing,” said Aaron Lehman, president of the Iowa Farmers Union.
Lehman said local corn prices are about 50 cents be