On farm lease income falling, and grain prices plummeting, here is this:
Food producers need to go up-market, create specialty everything, build domestic market, and export into the markets where USA Big Ag is, and will be, failing. Export freight rates are dirt cheap. Tomorrow night I start another online series on exporting food as a small business.
Feel free to forward this by email to three of your friends.
Many rent payments – which vary from a few thousand dollars for a tiny farm to millions for a major operation – are due on March 1, just weeks after the U.S. Department of Agriculture (USDA) estimated net farm income, which peaked at $129 billion in 2013, could slide by almost a third this year to $74 billion.Fertilizer and seeds? You mean all that Monsanto linked "inputs"? Yet another example of, regardless of the science, the economic madness of concentrating so much power in so few hands?
The costs of inputs, such as fertilizer and seeds, are remaining stubbornly high, the strong dollar is souring exports and grain prices are expected to stay low.
Food producers need to go up-market, create specialty everything, build domestic market, and export into the markets where USA Big Ag is, and will be, failing. Export freight rates are dirt cheap. Tomorrow night I start another online series on exporting food as a small business.
Feel free to forward this by email to three of your friends.
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