Agribusiness Report: July 25

By Rachel Begle, KCRG-TV9

DES MOINES, Iowa — On the July 25 Agribusiness Report: Federal funding from the Federal Gas Tax that provides 50% of state highway funding will run out next month. And while both the House and Senate are working on funding extensions, Iowa Senator Chuck Grassley explains why a third bill that would fix the problem for six years won’t get through in time.

And $1.4 million in cost share funds were used by Iowa farmers in less than one week. Iowa Secretary Bill Northey announced Thursday the funds which were made available to help farmers install new nutrient reduction practices are now gone.

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