FIRST AIRED: March 26, 2019

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

We've got more news

Get our editor’s daily email summary of what’s going on in the world.

US Edition
Intl. Edition
Replay Program
0:00
0:00
More Info

COMING UP:Share Opener Variant 3

×

Transcript

00:00:00
the devastation is extensive but beneath it farmers in the Midwest were already reeling many were preparing to plant their crops when they found themselves in an dated by record flooding triggered by a recent so called bomb cyclone and it comes as many of these farmers are also financially pressed by a US China trade war one that has seen China the world's biggest buyer of US soybeans largely cut off purchases this all comes as the trump administration released its twenty twenty budget which proposed a fifteen percent cut for the department of agriculture meaning the pain could only get worse Reuters correspondent who may Ripon X. spoke with worried farmers in Nebraska if this car is approved crop insurance is going to be one of the items that is most hardly hits it's going to be reduced by twenty six percent and because of this flood farmers are gonna have to rely on crop insurance a lot experts say farmers total debt is hitting levels unseen since the US farm collapse of the nineteen eighty , the agricultural flood damage in Nebraska has reached nearly one billion dollars according to the governor in Iowa officials project losses of at least one point six billion many of the farmers that I've spoken to say they understand where the president's coming from in terms of addressing the problematic trade deals with China but they all urge that trade deal needs to be done as soon as possible and they're not yet in the clear meteorologists say extensive flooding will become more dire in the coming weeks as water flows downstream