Rural America is suffering an economic crisis as crop prices plunge

[B.See]

Rural America is suffering an economic crisis as crop prices plunge — ‘U.S. soybean farmers cannot survive a prolonged trade dispute’ - Fortune

Agricultural trade groups have sounded the alarm recently on the state of farmers, who are grappling with a continued slump in prices for their crops and worsening credit conditions. They have asked lawmakers to help increase access to export markets, including China, which is still locked in a trade war with the U.S.

U.S. producers of corn and soybeans have sent dire warnings as prices for their crops have crashed in recent years while ... Donald Trump’s trade war whipsaws farmers.

On Thursday, the National Corn Growers Association raised alarms about “the economic crisis hitting rural America, as commodity prices drop at a time when input costs remain at near-record highs.”

Corn prices have plunged more than 50% from their 2022 peak, while production costs are down just 3% in that span, translating to a loss of 85 cents per bushel, the NCGA said, adding that the outlook for next year is worse with even lower prices and higher costs.

[Blues Heron]

1. Any of them that are dumb fucking pukes basically own this. Hope they get COVID along with the bad prices!

[JanMichael]

2. Tears are flowing for people that voted against humanity

[RockRaven]

3. In farming communities Trump got 77% of the vote in 2024.

They are getting EXACTLY what they voted for.

Too bad the rest of us are also caught in the blast of this bomb they have thrown.

But as far as the personal aspect of their woes goes, I'm all outta fucks to give. They did this to themselves.

[Wounded Bear]

4. More farms gobbled up by BigAg. Say goodbye to the family farm...nt

[NickB79]

7. Yep. The article says there's $66 billion in farm bailouts ready

None of that will go to small farms.

[dem4decades]

5. They can wear their MAGA hats to bankruptcy court. Hope there's photos.

[Aristus]

6. Sucks to be you, Farmer Bill!

Next time, don’t vote for the convicted felon. Voting for the qualified person would be…what is it you dumbass rednecks constantly insist you have?…common sense?

[bankrobba]

8. Don't Cry Now.

Most of you farmers bought the ticket, now take the ride.
Hope they end up driving a forklift in a hot warehouse for 12.00 an hour.

[LetMyPeopleVote]

12. Welcome to DU

[harumph]

9. If crop prices are plunging then I would expect to see savings at the grocery store...no?

Just kidding.

[progressoid]

10. Time for Trump to give them a bailout and a media blitz blaming Democrats!11!

[Beckett]

11. Is that a taxpayer bailout I see in my crystal ball? Just like the last time.