U.S. Farmers Are Facing The Worst Economic Downturn In At Least 50 Years, by Michael Snyder

There’s a perfect storm of bad news hitting farmers, particularly smaller family farms. From Michael Snyder at theeconomiccollapseblog.com:

The agriculture industry in the United States is deeply broken. Farmers are the foundation of it all, but they are being financially squeezed from every direction. They are being squeezed by the giant monopolies that control the seeds, fertilizer and machinery that they need. And they are also being squeezed by the giant monopolies that purchase most of what they produce. Meanwhile, demand from overseas has dried up thanks to the global trade war. U.S. farmers really are facing a “perfect storm”, and as a result most farms are losing money and bankruptcies are surging.

Most Americans have absolutely no idea how bad it has gotten.

According to the president of the Nebraska Farmers Union, this is the worst economic downturn for farmers in at least 50 years…

“We’re in the middle of the worst economic downturn that I’ve seen in my 50 years,” John Hansen, the president of the Nebraska Farmers Union, said at a regional meeting in Beatrice, Nebraska, last week.

“Agriculture is our foundation here in Nebraska and many states in the Midwest,” Don Schuller, a corn and soybean farmer, told ABC News. “If agriculture is failing here everything is going to fail.”

I wish that I could tell you that he is exaggerating.

But I can’t.

A sobering article that was recently published by AGWEB that was just shared with me is warning that our farmers are facing a “generational collapse”…

Farmers are not crying wolf. The wolf is real and right outside the door in the form of generational collapse.

The inescapable crop math of sustained crippling commodity prices and high input costs has many growers screaming for immediate relief, potentially via aid payments in late 2025 or early 2026. However, bailouts are Band-Aids over bullet holes.

The giant monopolies that provide the things that our farmers need increase their profits by squeezing farmers, and the giant monopolies that purchase what our farmers produce increase their profits by squeezing farmers.

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