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Trade Wars Contribute to Farm Closures

Touch the Soil News #1249 (Feature photo – Farmers Converge at a Farm Auction – Public Domain) The Huffington Post brings updates to the economics of the nation’s farming sector. The news is not good as farm bankruptcies continue upwards. Farm income is not just half of what it was in 2013. As farm income has continued to decline since 2013, the trade wars of 2018 are said to contribute to even deeper declines. You can read the full story here: https://www.huffingtonpost.com/entry/trade-war-record-farm-bankruptcy_us_5c611dcee4b0910c63f251ad Want More? – Sign up below Special Deals Ahead…Sign up!

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Is Something Wrong With This Picture?

Touch the Soil News #382 Every month, the USDA puts out numbers on what grain farmers – around the world – are going to produce for the current farming season. Remember that grains (corn, wheat, rice, etc.) are the backbone of the world’s diets both for human food and livestock feed. The USDA numbers quickly become the fodder for speculators – gambling on which way the price of commodities will go. Unfortunately – these financial gambling mechanisms – often drive the prices farmers receive artificially above or below what would happen without speculative pressures. These gambling mechanisms operate in disregard to the almost 1 billion starving people and hundreds of…

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