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Grassley concerned about low crop prices, higher input costs
U.S. Senator Chuck Grassley says he’s concerned about the economic outlook for U.S. farmers and ranchers.
“Even at $4.10 for corn the new reference price, and $10 for soybeans, it’s still way under the cost of production.”
He tells Brownfield securing relief from high input costs is one of the biggest challenges.
“One of the phosphate companies that sells in the United States has 80% of the market. One time we were fighting tariffs from Morocco because we get some phosphate there. The president was going to put a 25% tariff on potash out of Canada and we got that stopped.”
Grassley says producers got some tax wins in the One Big Beautiful Bill Act, but more financial certainty is needed by passing a new five-year farm bill.
“I will bet you that we’ll still have farmers at my county meetings asking when we’re going to pass a five-year farm bill. We were supposed to do it in 2023 and 2024. Will we do it in 2025? I hope so.”
Grassley spoke to Brownfield at the 2025 Iowa State Fair.
So Grassley supports Trump and his terrible bill. The tariffs, but then wants an additional protection layer for farmers. What about every other American who will be hurt by the republicans?