Farmers prepare for blanket net drop - KWWL - Eastern Iowa Breaking News, Weather, Closings

Farmers prepare for blanket net drop

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HUDSON (KWWL) -  The US Department of Agriculture is forecasting a 32% drop in net farm income this year. 

With a large quantity of crops recently harvested, and a limited amount of places to distribute, it causes the common conundrum of high supply and low demand.

This has a ripple effect on everything involving Iowa farmers, especially on their equipment.

One Eastern Iowa farmer says he's prepared for this.

"We're going to opt to repair rather than replace machinery," says farmer Scott Beenken."Which means companies aren't selling as many tractors and combines, because we're going to try to maintain what we have on the farm already."

This is an indication of the recent wave of John Deere layoffs.

It's not easy for anyone, but Beenken in no stranger to this economic cycle. He knows what to adjust.

"We may tweak the herbicide use, find the best deals on fertilizer," he says.

He says he'll still produce at full force, because it would be a sin not to take advantage of Iowa's good black dirt.

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