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Yogthos
@yogthos@social.marxist.network  ·  activity timestamp 3 weeks ago

U.S. producers of corn and soybeans have sent dire warnings as prices for their crops have crashed in recent years as Trump’s trade war whipsaws farmers.

Corn prices have plunged more than 50% from their 2022 peak, while production costs are down just 3% in that span, translating to a loss of 85 cents per bushel, the NCGA said, adding that the outlook for next year is worse with even lower prices and higher costs.

https://fortune.com/2025/08/30/rural-america-economic-crisis-farmers-agriculture-exports-trump-trade-war-china/

#usa #china #tradewar #economy

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Charles ☭ H
@celesteh@queer.party replied  ·  activity timestamp 3 weeks ago
@yogthos

Corn growers are mostly giant corporations and the US grows way too much corn, in astonishingly large monocropped plains. Having a massive surplus of corn means they put it in everything, including petrol, trying to find uses for all of it. Its GMO. Its killing pollinators and butterflies.

Obviously I don't want small hold or organic farms to suffer, but if Trump reduces the acreage of corn and soy, he will help the environment by accident.

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