Have the day you voted for, shitbirds
https://finance.yahoo.com/news/once-generation-economic-crisis-rural-164404261.html
A survey released by the National Corn Growers Association (NCGA) on Wednesday showed that 46% believe the U.S. is on the brink of a farm crisis, and another 33% said maybe.
Meanwhile, about two-thirds said they are more concerned about their financial situation compared to a year ago, with 58% postponing equipment purchases, 38% reducing fertilizer applications and 22% looking for more off-farm income.
“These findings point to a once-in-a-generation problem for the agricultural economy,” said NCGA Chief Economist Krista Swanson said in a statement. “The survey findings suggest that this crisis could have a long reach, affecting every area of the economy, as farmers are less likely to make purchases and will certainly make budget cuts that could affect their local communities.”
The bleak survey results mirrored similarly downbeat readings in the Purdue University-CME Group Ag Economy Barometer Index, which fell 10 points in August to 125. A subindex on expectations for the future dropped 16 points to 123, the lowest since last September.
That’s as crop prices have plunged from their 2022 peak, while production costs remain near record highs.