Talk of The Villages Florida - View Single Post - Feelings on pending recession?
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Old 08-17-2019, 08:57 PM
Aces4 Aces4 is offline
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[QUOTE=Bogie Shooter;1674119]
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Originally Posted by Aces4 View Post
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.
I assume you’re questioning why small farms are being pushed out and it is because of large farms overproducing and squeezing the profit margins for the little guy as the cost of seed and equipment continue to rise.

Farm short courses years back saw this beginning to happen and advised students quite often what was coming down the road. It’s here and government payola has been out there for years. It was called “soil bank” in many areas, way back when, meaning if you don’t plant the government will pay you for leaving your land fallow.

If you were noticing farms having issues over two years ago, you’re right and even before that and that was before tariffs. Have tariffs made it more difficult for farmers? In some corners, yes. Pork producers are feeling the pinch and perhaps some cash croppers but the American small farmer has had problems for years and those farms have been disappearing.

Those farms receiving huge subsidies are the ones I am indicating are not hurting. We’re talking about the $200,000. to over a million dollar payouts. A recession will send many more small farms down the tube.

Last edited by Aces4; 08-17-2019 at 09:05 PM.