Today News – Main Street USA businesses are feeling pain as the trade war wallops farms, Kansas Cit

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Today News – Main Street USA businesses are feeling pain as the trade war wallops farms, Kansas City Fed says

Aleksandra Michalska | Reuters Soybean farmer Raymond Schexnayder Jr. overlooks his farm outside Baton Rouge, in Erwinville, Louisiana, July 9,2018.  Weak farm income, coupled with reduced spending, has stressed the economy in rural America and led to adverse ripple effects on Main Street businesses, according to a new report from the Federal Reserve Bank of Kansas City. A sharp drop in the price of corn and soybeans contributed to a bleaker view of the [Tenth] Districts farm economy in the seco…

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