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Despite tighter margins, there are still opportunities for profits
The Federal Reserve Bank of Chicago recently released its May agricultural market newsletter, and it included data on agricultural conditions in Iowa. Nationwide Senior Economist Ben Ayers said the report highlighted some persisting struggles that Iowa farmers are dealing with. While this tighter ag economy will likely cause producers to hold back on investments like machinery purchases, Ayers said there is still some opportunity to get some profits this year. Ayers said it good that there is...