America’s Farmers are getting wiped out. Leaving hollowed-out communities that rival the rust-belt. According to the USDA, we’ve lost 140,000 farms just in the last 5 years. What’s driving it is inflationary costs, falling revenue, and green mandates. One new rule alone, on “Sustainable Produce,” could cost nearly one-fifth of income for a small farm. And there are hundreds of these mandates in the pipeline.
America’s Farmers are getting wiped out.
Leaving hollowed-out communities that rival the rust-belt.
According to the USDA, we’ve lost 140,000 farms just in the last 5 years.
What’s driving it is inflationary costs, falling revenue, and green mandates.
One new rule alone, on… pic.twitter.com/OXkzAf43FC
— Peter St Onge, Ph.D. (@profstonge) March 15, 2024
Companion article to today’s video: America’s Farmers are getting wiped out. Read it here (it’s free!) profstonge.com/p/americas-far “Of course, these regulations and taxes don’t only hit farms and manufacturers, they hit everybody from family restaurants to corner stores.” “Leaving many of these depopulated towns essentially a crossroads with nothing but a gas station, a McDonald’s, and a WalMart — chain stores big enough to digest regulations that would bankrupt a family business.” – Peter St. Onge
[…] According to the USDA, we’ve lost 140,000 farms just in the last 5 years. There are about 2 million farms in the country as of now and the number is decreasing due to inflation and regulations, including Sustainable Agriculture. […]