Costs Skyrocket for Iowans as Hinson-Backed Iran War Continues and Tariffs Hammer the State

Costs Skyrocket for Iowans as Hinson-Backed Iran War Continues and Tariffs Hammer the State

Des Moines Register: “Iowa Corn Growers Have Paid 37% More for Supplies Since 2021 […] and 36% for Soybean Growers”

KMALand: “Iowa Gas Prices Reverse Course, Rise 20 Cents”

DES MOINES – Iowans are once again seeing their costs climb as the Hinson-backed Iran War continues and chaotic tariffs continue to hammer farmers. Hinson has voted five times to continue the war in Iran and four times to support the tariffs, even as Iowans struggle.

New reports show gas prices in Iowa have climbed 20 cents last week up to nearly $4 dollars on average. 

Meanwhile, Iowa corn growers are paying 37% more for supplies since 2021 as they warn that “pressure is mounting” and their “ability to sustain pain is strongly diminished because of the length” of the current economic crisis.

“Ashley Hinson is responsible for the rising costs that continue to squeeze Iowans. She voted four times to keep chaotic tariffs in place and five times to continue the war in Iran, despite the harm it is causing our state,” said Iowa Democratic Party spokesperson Drew Myers. “This November, Iowans will hold Ashley Hinson accountable for the financial pain they are experiencing at the pump, the grocery store, and their farms. ”

Missed the report? See below for key highlights:

KMALand: Iowa gas prices reverse course, rise 20 cents

  • After weeks of plummeting gas prices, motorists suddenly paid more money at the pump this week.
  • Triple A Iowa’s weekly fuel report indicates the price of regular unleaded gasoline rose 20 cents from last week’s price and is currently averaging $3.68 per gallon across the state. Prices rose 20 cents from last week’s price and are up 74 cents from a year ago. The national average on Wednesday was $3.89, up 9 cents from last week’s price.
  • Retail diesel prices in Iowa rose 22 cents this week with a statewide average of $4.53 per gallon. One year ago, diesel prices averaged $3.55 in Iowa. 

Des Moines Register: Iowa farm income fell 53% over three years, new ISU report says

  • “This isn’t the 1980s Farm Crisis, but the pressure is mounting… and the effect will be felt across the broader Iowa economy,” said Christopher Pudenz, the farm bureau’s economist, who presented the report along with ISU economists Chad Hart and John Crespi.
  • Brent Johnson, the Iowa Farm Bureau board president, said the proposed bailout doesn’t solve the problems farmers face. It will “lengthen the financial runway, but it’s not a good, long-term solution,” Johnson said in an interview.
  • Trump’s ongoing trade war has slashed farm exports, most significantly to China, the world’s largest soybean buyer. Iowa is the nation’s largest corn, pork and egg producer, and the second-largest producer of soybeans.
  • Johnson, who farms in northwest Iowa’s Calhoun County, said farmers have been willing to endure some pain for trade gains. “But our ability to sustain pain is strongly diminished because of the length of this,” he said, adding, “We need a win.”
  • The report showed 19% of mid-size and large Iowa farms were considered financially vulnerable in December 2025, more than double the 7.7% identified in 2022, the authors said.
  • Last year, U.S. farm bankruptcies spiked 46% to 315, and in Iowa, they more than doubled to 18.
  • Production costs …have spiked 37% since 2021 for corn producers and 36% for soybean growers. The largest increases were tied to machinery expenses and seed, chemicals and fertilizer, the report said.

###