
American farmers are battling several issues when it comes to producing our food. Regulated low prices, tariffs, and the inability to export have all cut into the salaries of farmers. They are officially in crisis mode, just like the United States food supply.
The farm economys in pretty tough shape, said John Newton, chief economist at the American Farm Bureau Federation. When you look out on the horizon of things to come, you start to see some cracks. Average farm income has fallen to near 15-year lows under president Donald Trumps policies, and in some areas of the country, farm bankruptcies are soaring. And with slightly higher interest rates, many dont see borrowing more money as an option. A lot of farmers are going to give the president the benefit of the doubt, and have to date. But the longer the trade war goes on, the more that dynamic changes, said Brian Kuehl, executive director of Farmers for Free Trade, according to Politico.
With no end to the disastrous trade war in sight, many farmers have traveled to Washington to share their plights with the president himself hoping that hell end the trade war thats exacerbating an already precarious food crisis. Farmers make up a fairly large chunk of president Trumps base, and an unwillingness to put food production in the United States first could be detrimental for Trump reelection chances in 2020. It could also be the beginning of a catastrophic food shortage.
Food Crisis In The Making: Farm Bankruptcies Reach Horrifying Levels
The Federal Reserve Bank of Minneapolis warned back in November of rising Chapter 12 bankruptcies used by family farmers to restructure massive amounts of debt. The Fed said that the strain of low commodity prices is starting to show up not just in bottom-line profitability, but in simple viability. The increase in bankruptcies was driven by woes in Wisconsins dairy sector, which shrunk by about 1,200 operations, or 13 percent, from 2016 to October 2018.
Youve had farms that have gone out of business, that have gone bankrupt because of this trade war, said Kuehl of Farmers for Free Trade. Theres a lot of farmers going through tough conversations right now with their lenders. And so far, the governments solution to the problem they created is to give more welfare to farmers, placing the burden on the backs of taxpayers.
As the government continues to pass the burden onto others while destroying the food industry, things could very well reach apocalyptic levels. Nothing will see this country spiral into complete disarray like a lack of food. Alarmingly, scientists have already said that the global food supply system is broken.
To put it simply, government interference in the agriculture industry is responsible for the food crisis we all are about to face.
Poster Comment:
Farm subsidies aren't putting food on the table. Trump's socialized nanny state economy is a failure. Inflation tax, and shortages due to socialist nanny state .gov meddling in the free market. Donald Trump is President of the USA, not the manager of every business in America, he needs to butt out of businesses, and drain the .gov swamp!
#1: buckeroo To: hondo68 (#0)
Of course, illegal migration has been greatly curtailed. This means we are not raped, murdered or have any more complaints.
Life is just great! But what do we do without farm crop pickers?
buckeroo posted on 2019-02-10 14:01:07 Reply Private Reply
#2: misterwhite To: buckeroo (#1)
We offer $20 an hour plus healthcare. You know. Like any other industry. If the resulting higher crop prices reduce demand, our food problem is solved.
misterwhite posted on 2019-02-10 15:00:12 Reply Private Reply
#3: buckeroo To: misterwhite (#2)
You know, misterwhite, you are so full of shit the stuff oozes out of your ears.
buckeroo posted on 2019-02-10 15:11:43 Reply Private Reply
#4: Hank Rearden To: hondo68 (#0)
If you can't do it, sell to somebody who can and stop whining to have taxpayers prop you up again.
Hank Rearden posted on 2019-02-10 17:33:16 Reply Private Reply
#5: buckeroo To: Hank Rearden (#4)
Mainland China will be happy to step in.
buckeroo posted on 2019-02-10 17:50:49 Reply Private Reply
#6: Justified To: hondo68 (#0)
The problem is we produce so much we overload the market with food.
All these big farms have been buying up the little guys and own 10's of thousands of acres.
When the north west big farms get to turning over the field before winter the dust can be seen in Texas.
Justified posted on 2019-02-11 11:17:31 Reply Private Reply
#7: Hondo68 To: Hank Rearden, Wealth Spread (#4)
The Government is going to pay for it!
Bernie Sanders next door NYC socialist neighbor, Donnell.
Hondo68 posted on 2019-02-11 13:15:50 Reply Private Reply
#8: Hank Rearden To: Justified (#6)
Hank Rearden posted on 2019-02-11 14:40:39 Reply Private Reply
#9: Justified To: Hank Rearden (#8)
Justified posted on 2019-02-11 18:16:07 Reply Private Reply
#10: Hank Rearden To: Justified (#9)
Let's try a different one; the first looked fine in preview and link later died. Something weird is going on for linking photos.
Let's try this:
North Korean New Way
Show this to the next hipster you see who gasbags about wanting to start "local organic small-scale farming".
Hank Rearden posted on 2019-02-12 17:55:56 Reply Private Reply