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In a number of different ways, it looks like American farmers (and probably also US consumers with smaller food portions at the grocery store and at restaurants as well as even higher food prices coming) are in trouble. And it's not just the US vs China trade war escalating and China cancelling soybean orders!
Track the Agricultural Raw Commodity Index Here: https://www.indexmundi.com/commodities/ American farmers are dealing with too much debt, land that was too wet or too flooded to be planted, bad crop yields, a looming Grand Solar Minimum and then this escalating US vs China Trade War where China is now refusing to purchase US soybeans as well as other agricultural products. 2 Totally Different Viewpoint Articles About How American Farmers View The US vs China Trade War: 1) Farmers Lash Out At Trump After Latest Trade War Blow From China https://news.yahoo.com/farmers-trump-... 2) "He's Doing The Right Thing": Iowa Farmers Back Trump, Brush Off Trade War https://www.zerohedge.com/news/2019-0... Other Problems That US Farmers Have To Deal With: 1) The Average US Farm Is $1.3 Million In Debt, And Now The Worst Farming Crisis In Modern History Is Upon Us https://www.zerohedge.com/news/2019-0... 2) According To The Feds, 19 Million Acres Of Farmland Went Un-Planted With Crops This Year https://www.zerohedge.com/news/2019-0... 3) Deere Cuts Guidance For Second Straight Quarter Amid Farmer Turmoil https://www.zerohedge.com/news/2019-0... 3) On the Cusp of the Next Grand Minimum? https://nextgrandminimum.com/2019/02/... 4) Solar Minimum is Coming https://science.nasa.gov/science-news... Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 57 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/w... If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: wallstformainst@gmail.com
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