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cm0002@lemmy.world to United States | News & Politics@midwest.social · 9 hours ago

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

fortune.com

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

fortune.com

cm0002@lemmy.world to United States | News & Politics@midwest.social · 9 hours ago
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16
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  • cross-posted to:
  • [email protected]
  • [email protected]
"Prices continue to drop and at the same time our farmers are paying significantly more for inputs and equipment."
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  • selkiesidhe@sh.itjust.works
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    2 hours ago

    You get what you voted for, ass clowns.

    But don’t worry, looks like SOCIALISM is going to bail you out soon anyways…

  • Gates9@sh.itjust.works
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    1 hour ago

    How hilarious would it be if they invent soy syrup to subsidize farmers and they start putting it in everything

  • thegr8goldfish@startrek.website
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    6 hours ago

    They’ll be fine. There’s plenty of safety nets for farmers. Billions and billions in handouts for the bootstraps crowd.

  • BigMacHole@sopuli.xyz
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    7 hours ago

    This is TERRIBLE! BUT I know a FOOLPROOF Solution to this! PLEASE everyone send your Best Thoughts and Prayers to these Farmers JUST LIKE they were Murdered Schoolchildren! THAT should Fix it!

    • Optional@lemmy.world
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      3 hours ago

      THANK YOU FOR YOUR ATTENTION TO THIS MATTER

  • gravitas_deficiency@sh.itjust.works
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    8 hours ago

  • bluGill@fedia.io
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    5 hours ago

    supply and demand is enough to explain low prices. Last year there was a bumper crop and this year all signs point to record harvests (which are starting and so change is almost imposible).

    tarrifs are not helping, but they have at most a tiny effect, the harvest is the big factor here.

    • socsa@piefed.social
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      1 hour ago

      The US government used to buy something like 10% of the entire US wheat harvest for international aid programs. Losing this, combined with a collapse in soy bean exports, are causing prices to fall.

      • bluGill@fedia.io
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        9 minutes ago

        The article is about corn and soybeans. there is very little overlap with wheat farmers since there is typically a lot more money in corn+soybeans. You grow wheat because your climate cannot grow corn.

    • SwingingTheLamp@midwest.social
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      4 hours ago

      This article, however, is not about tariffs.

      • bluGill@fedia.io
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        3 hours ago

        Trade dispute of any form - it isn’t a significant factor.

  • Kyrgizion@lemmy.world
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    8 hours ago

    They voted for this. Time to harvest.

    • mushroommunk@lemmy.today
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      8 hours ago

      “You reap what you sow” was legit preached in my church growing up.

    • The Real King Gordon@lemmy.world
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      7 hours ago

      Yep. Fuckem.

  • DirkMcCallahan@lemmy.world
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    7 hours ago

    Thoughts and prayers.

  • Diplomjodler@lemmy.world
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    8 hours ago

    Ah, the find out phase.

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