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.

  • StinkyFingerItchyBum@lemmy.ca
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    1 day ago

    Don’t worry, hedgefunds will buy you farm 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.

    • IronBird@lemmy.world
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      13 hours ago

      the majority of US farmers are millionaires milking this corporate welfare state for every $ they can, just like the corporate mega-farmers. they’re in league with each-other.

      profit for hobby farms is just extra on top of whatever dividends the rich people running them pull out from others work