- cross-posted to:
- nyt_gift_articles@sopuli.xyz
- cross-posted to:
- nyt_gift_articles@sopuli.xyz
Prices for nearly every major U.S. crop are below what it costs to grow them. But a drop in rice prices means another blow to farmers in Mississippi’s agricultural belt.
Don’t worry, hedgefunds will buy your farms for pennies on the dollar, hire temp labour to farm for a pittance and collude with government and other players in a rigged market and charge exhorbitant prices. Welcome to the late stage capitalism you voted for while you still could.
the majority of US farmers are millionaires milking this corporate welfare state for every $ they can, they have loads of special rules just for this purpose, just like the corporate mega-farmers…they’re in league with each-other. farm lobby is just really good at PR, pretending they oppose each other
profit for hobby farms is just extra on top of whatever dividends the rich people running them pull out from others work