Job cuts expand in the ag industry
Deere announces more layoffs in Iowa, while Cargill cuts 5% of global workforce.

Global trading giant Cargill last week announced plans to cut approximately 8,000 jobs, representing 5% of its total workforce. The move comes in response to slumping revenues and multiyear low crop prices, the company said. 

John Deere also announced it will lay off 110 workers from its Waterloo plant, bringing Deere’s total cuts in Iowa this year to more than...