| Mark in WCIowa - 7/26/2025 11:49
Insurance doesn't cover that top 30 bpa some of us lost each of the last 6 years. I know those don't bankrupt a guy in a single year, but it starts to hurt when you put multiple years in a row. Not approaching bankruptcy by any means, but it sure tightened cash flow.
Bingo......The USDA holding down prices with faulty yield predictions 7 years in a row along with high inputs is killing farmers. The entire country has gotten a raise since covid while farmers income declines BECAUSE of out of control seed, fert, and chem prices that increased during covid. That's the issue. The farmer is missing $60-$100 an acre in profit that's been eaten by inflation and government policy. The government knows this and that's why last December the early projections for the government payments was around $100 an acre. Had they paid that out, no one would be saying a word at the moment |