Talk of The Villages Florida - View Single Post - Feelings on pending recession?
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Old 08-17-2019, 05:54 PM
Bogie Shooter Bogie Shooter is offline
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[QUOTE=Aces4;1674065]
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Originally Posted by ColdNoMore View Post
[SIZE="2"]Same here.

I have a number of Colorado/Nebraska/Kansas relatives on my Mom's side (mom had 11 siblings, which makes for LOTS of aunts/uncles/cousins ) who farm (a couple are 4th generation family farms), but are now reevaluating & kicking themselves for “supporting that which they're now seeing first hand...has been detrimental to their own best”





I think that your relatives are wiser than that if they have been farming that long. Manipulation of farm prices is a joke and many here maybe unaware of huge corporate farms taking over farming and prices. Consumers will be amazed at the cost of food in twenty years.

Also, you may want to check the fat, government subsidies being handed out to farmers. Google it in each state. It’s laughable and now farmers are insuring their crops and many in this locale are cashing lovely checks because it was too wet to plant or later in the season so they filed a claim and are not hurting at all.

Farming is a whole different game than even 20 years ago.
If they are not hurting, why have there been so many bankruptcies and foreclosures in the past two years?
Btw a lot of that government payola (because of the tariffs) is going to those very corporate farms.
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