The forces in play have almost nothing todo with trump. Not that I support his policies but anyone looking at harvests would have told you prices would be low. I work for deere - we have been planning for low prices since before it was clear trump would even run (it was expected, but not yet announced). You can read 10k or whatever to see when the public announcements were, but we expected this for a long time and it is playing out within expectations.
Large harvests mean low crop prices mean farmers have low incomes. basic ecconomics based mostly on the weather. nobody can stop it. there are other factors but they are small against the weather. (We still need a sane trade policy butiit won’t change much)
any farmer who thinks this is bad needs to looh up 1986. things are just down a little compared to that diaster.
The forces in play have almost nothing todo with trump. Not that I support his policies but anyone looking at harvests would have told you prices would be low. I work for deere - we have been planning for low prices since before it was clear trump would even run (it was expected, but not yet announced). You can read 10k or whatever to see when the public announcements were, but we expected this for a long time and it is playing out within expectations.
Large harvests mean low crop prices mean farmers have low incomes. basic ecconomics based mostly on the weather. nobody can stop it. there are other factors but they are small against the weather. (We still need a sane trade policy butiit won’t change much)
any farmer who thinks this is bad needs to looh up 1986. things are just down a little compared to that diaster.