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Farmers oppose sale of Iowa fertilizer plant
The University of Illinois Farm Policy News says Iowa farmers told officials that they should block the sale of the Iowa Fertilizer Company to Koch Industries. The sale is worth 3.6 billion dollars. Farmers attending the Iowa Farmers Union’s listening session told Lina Khan, the Federal Trade Commission Chair, that consolidation is already squeezing their slim profit margins. The plant located in southeast Iowa received approximately $45 million in local, state, and federal economic...