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Tuesday, April 09, 2019

Uninsured Farmers Face Existential Crisis As Floods Destroy 100s Of Millions Of Dollars In Crops

This is the worst economic disaster for U.S. farmers in modern American history.

Our ongoing trade war with China had greatly depressed prices for wheat, corn and soybeans, and so farmers were storing more crops on their farms than ever before in early 2019. And then the floods came. The water moved so fast that the vast majority of the farmers in the affected areas could not have moved what they had stored even if they wanted to, and the scale of the losses that these farmers have suffered is starting to become clearer.

According to UPI, “hundreds of millions of dollars in crops” that were destroyed by the flooding were not covered by insurance…
Hundreds of millions of dollars in crops destroyed in Midwestern floods this month were not insured, farmers say. And the losses could leave many without sufficient income to continue farming.

“This uninsured grain issue is really starting to affect people,” said Jeff Jorgenson, a western Iowa corn and soy grower whose farm flooded when the Missouri River spilled over its banks March 12.
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7 comments:

Anonymous said...

Seems like a misleading article since last I saw prices on soybeans had not diminished at all. I am sure their plight is real but don't use fake facts to support your position

Anonymous said...

Now this is a crisis Washington should be working on.

Anonymous said...

This is true. Yes, the truth. It is a dark hour, my listeners. Fellow travelers, it is apparent that they have succeeded. You know who (of course you do). Soros and the New World Order Globalists. Yes. It is true. They will stop at nothing to silence you. Hush, they say. Nothing to "see" here. Yes, there is. There are many malfeasances occurring every day. This started in 1994 with the rise of the Internet and they controlled him. Bill. But he slipped from time to time and was more conservative than they liked. Yes, then in 2003, they discovered wi-fi was a better communication tool to the brain than a hard line hookup and could direct thoughts in real-time. Now, we saw Obama's "planting" in the White House. How can someone with no birth certificate and who comes from Kenya be President of these United States? The media. They, you know who, knew the Mindless Drones (Democrats) would vote for him even though he can't speak coherently without his TelePrompTer machine. We have seen the videos and we know the Truth!

Anonymous said...

Trust the Plan. It looks very dark, But our President is working very hard to expose, turn it all around. WWG1WGA. Barr, Nunes and more are NOT giving up...Pray daily.

Anonymous said...

In Congress the Dems are concerned about the welfare of illegal aliens. Their not concerned about American workers and farmers that pay the tax for the illegals judicial hearings and the law enforcement on the border. It's sad the Dunbocraps are so ignorant.

Anonymous said...

Northwest Woodsman: We spend and waste an incredible amount of taxpayer dollars on foreign aid to countries that hate America and will do anything they can to subvert us. We should cut off most of the foreign aid and instead, use it to provide aid to those US citizens who actually need it and would appreciate it. President Trump has attempted to cut off aid to Central America due to their lack of assistance with the illegal immigrant issues. That is a good start. Imagine the squealing from the bunch of liberals who run the Department of State if he were successful in cutting or eliminating foreign aid altogether. Really, giving it some thought, what return do we get from the foreign aid program? I can’t think of any. Oh well, no matter, some liberal federal judge will issue an injunction and kill it anyway. We are screwed. Eventually all of this will lead to bloodshed, of that, I’m certain.

Anonymous said...

I'm confused and maybe someone can enlighten me! These farmers make their living on the land, but weren't smart enough to insure it, and now they expect taxpayers to bail them out due to their own negligence? I do believe that is what I read here!