Once-in-a-generation economic crisis in rural America means many farmers could face last year
The fortieth farm ceremony will be held on Saturday because the economic outlook of America is the most depressant that it was decades ago.
A survey issued by the National Association of Corn Persons (NCGA) showed on Wednesday that 46 % believe that the United States is on the lips of the farm crisis, and another 33 % maybe.
Meanwhile, about two -thirds said they are more worried about their financial situation compared to last year, with 58 % of equipment purchases, 38 %, which reduces fertilizer requests and 22 % are looking for more income outside the farm.
“These results indicate a problem once in the generation of the agricultural economy,” Krista Swanson, the NCGA chief economist in NCGA. “The poll results indicate that this crisis can have a long time, which affects every field of the economy, as farmers are less likely to make purchases and will definitely make budget discounts that can affect their local communities.”
The results of the dark survey reflected similar increasing readings in the Barometter University University CME AG, which decreased 10 points in August to 125. The expectations of the future decreased 16 points to 123, the lowest level since last September.
This also decreased crop prices from 2022 peaks, while production costs are still close to record levels.
Last month, NCGA called congress and Trump’s administration to strengthen demand, including through a top mixture of ethanol and increased access to foreign markets, as the alert appeared to be “an economic crisis hitting the American countryside.”
Meanwhile, the export request has suffered in the trade war, Donald Trump, which severely struck some crops.
The American Soy Corporation sent a message to Trump last month, warning that “American soy farmers are standing in trade and finance.” With the harvesting season near China, China has not bought any US soy bean for the coming months, although it was the best buyer historically.
The group said that American soybeans could not survive in a long trade conflict with China and urged Trump to give priority to soy chicken in talks with Beijing.
But Friday, Trump did not mention anything about agricultural exports after a call with Chinese President Xi Jinping. The prices of soybeans, corn and wheat all of them fell yesterday.
Certainly, American farmers are scheduled to receive great help. The one beautiful bill, which was signed in July, included about 66 billion dollars of spending that focuses on agriculture. The vast majority, about 59 billion dollars, is intended for the improvement of the safety network on the farms, according to the American Farms Office Federation.
The Minister of Agriculture, Brock Rollins, told the rescue program for farmers who will use customs tariffs. Financial times Wednesday.
” AgWeb Magazine Farm On Friday, “government assistance” gets long -term, which means that payments provide limited total relief for farmers who then see other rents and costs.
“It is difficult, and I can hear him pressure in the votes of our members. Our members and our board of directors are really concerned at the present time,” said Dicky, who held the position of Deputy Minister of Agriculture in Trump State. “Some say if things do not turn, or if we do not get markets or if we get economic assistance – this is not our first choice – this last year may be in agriculture. This is very frightening.”
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2025-09-20 16:44:00
