Source: CNBC, 7/10/19

Farm Belt states are great for business. The “I” states — Iowa, Illinois, Indiana — along with Nebraska, Kansas, Minnesota, Missouri, California, Texas and others, are powerhouse food producers. U.S. agriculture typically harvests enough for our own consumption and about 20% more for export. But the farm economy — never a sure thing — is challenged this year like at no other time in recent history, at least since the mid-1980s. Ironically, the problem this time is agriculture’s amazing productivity in the U.S. and other developed nations.

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