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Today's Video

Posted on December 10, 2009

Iowa Farmers Squeezed by Recession

Summary

In this video report from Sioux Center, Iowa, NewsHour correspondent Ray Suarez looks at how the recession has hit agricultural centers and the farmers that produce the food that feeds the country and the world.

Over 95 percent of the land in Sioux Center is used for agriculture and more than one in six jobs is tied to the industry.

Until recently, grain farmers had been faring well during the recession and they were able to save up during the good times. But with the price of corn plunging 46 percent in the last year, and consumers spending less money on food, farmers are finding that they have to tighten their budgets too.

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