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00:00:00
after a recent bomb cyclone brought deadly and historic flooding to the Midwest millions of bushels of grain from ruptured metal silos has spilled out into a swamp agricultural land in Iowa or is spoiling inside the storage bins Reuters correspondent Tom plants it got a bird's eye view of the destruction with federal and state officials in a Black Hawk helicopter we saw flooding as far as the eye can see there were farm fields under water and fields that were littered with garbage including fuel tanks furniture or wood and other debris , the Iowa office of the U. S. D. A.'s farm service agency estimates that more than four hundred thousand acres of farmland in Iowa %HESITATION were flooded farmers are now looking to the government for help but undersecretary for farm production and conservation bill northeast says under current US law the USDA has no way to compensate farmers for damaged grain in storage we would need an expanded authority to be able to help compensate for the grain losses that are out there %HESITATION and so that's something I think there's conversations about if not traditionally been covered and that's one of the challenges but would not usually had as many losses %HESITATION in areas what it appears like %HESITATION the losses of been around %HESITATION around grain and storage Midwest farmers have been stockpiling crops due to years of oversupply markets low prices and the latest blow of lost sales from the US trade war with China previously their biggest customer for soybean exports and plants six says many farmers couldn't get their grain out of harm's way before the late winter storm hits some said they only knew about two days ahead of time that they were in the flood's path I recalled her technology company indigo AG told Reuters they estimate five to ten million bushels of corn and soybeans were seventeen to thirty five million dollars were damaged that's money many Iowa farmers say their businesses can't afford to lose