CEOs at the three companies "earned about $52.9 million last year, based on Morningstar data," Eller writes. "Profits for the three companies, all with large operations across Iowa, also have declined as farm income has been squeezed. After peaking in 2013, U.S. farm income this year is projected to fall to $183 billion, its lowest level since 2002.
Publisher Larry Bushman, who refused to say why the newspaper would no longer publish Friday, said it was an editorial decision, Eller writes. "Farm News Editor Larry Kershner said he couldn't comment about the decision. DuPont and Monsanto officials said the companies were unaware of the cartoon until the media brought it to their attention." A Deere spokesman wasn't available for comment. (Read more)
This isn't the first time corporate discomfiture has squelched independent journalism about agriculture. The late Derry Brownfield lost his program on his own network (which he had sold) in 2008 after refusing to tone down criticism of Monsanto's patenting its seed corn.