Inflation leaves America’s farmers in crisis | States of America

20

In partnership with The Indianapolis Star, we travel to the Eastern Corn Belt region to meet grain and cattle farmers who say that they are dealing with 40% inflation. This has been one of the worst years they’ve experienced in decades. Because of the war in Ukraine, both diesel and fertilizer costs have more than doubled. And farmers say the stakes are high as they fear that next year could be worse. And we interview Georgetown Professor Nada Eissa to answer a question millions of Americans are asking: When will the pain from high inflation end?

» Subscribe to USA TODAY: http://bit.ly/1xa3XAh
» Watch more on this and other topics from USA TODAY: https://bit.ly/3cfg40b
» USA TODAY delivers current local and national news, sports, entertainment, finance, technology, and more through award-winning journalism, photos, videos and VR.

#Inflation #Fed #Recession

source

20 COMMENTS

  1. And the price of a combine that size at 2:50 ??? Im sure……and older cheaper combine would do the same job ! Farmers love to complain. I know…….I am a farmer……but manage money and will not complain. I understand many people in many other countries have life a lot rougher !!!!!

  2. What I don't understand is farmers can drive new trucks live in nice houses but the labors that works on the equipment barley makes enough money to live on..I grew up on a farm..got treated bad..little money..so I went to school work hard and got a pretty good job..

  3. My lease ends in 2 years I’m selling all my equipment off and I’m done with agriculture. It just makes zero sense to farm any longer. I get very little respect and my inputs are through the roof. If I raise my prices my customers throw a fit and think I’m greedy. Screw the consumers and everybody that don’t understand how difficult it is to make a living in agriculture.

  4. Thanks Joe. The jimmy Carter playbook with a touch of Obama. My family's used to make good money on 189 acres. Now it takes 1500 better use older equipment cut corners evey where you can. Big Ag is no good for anyone.The government and big Ag sets the price.

  5. Growing food is not an Industry, it's living agri-culture. Or supposed to be. What an awful lot of toxic chemicals, please let us stop poisonong Mother earth and draining the soils of nutrients. Let us grow Organic or Biologic-dynamic.

  6. Liquid fulvic acid made from humate, mixed with microbes, will give you a big increase in yield. This fertilizer is 80 percent cheaper than nitrogen fertilizer and is 100 percent organic!

  7. It's 100% intentional. "You shall own nothing and be happy." Investors have fully monopolized the housing market, and now they are buying up farms. They DO this by making the desired asset too expensive for anyone BUT investment giants and ultra-wealthy to afford. 😢 The goal is to make sure nobody can own an asset except them. It f***ing SUCKS to watch.

Comments are closed.