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Reply #26: Expecting Farms In Trouble As Economic Dominos Tumble [View All]

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Home » Discuss » Topic Forums » Rural/Farm Donate to DU
Morpheal Donating Member (145 posts) Send PM | Profile | Ignore Sun Nov-30-08 11:56 PM
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26. Expecting Farms In Trouble As Economic Dominos Tumble
I would expect more farms in trouble than ever before, as the economic dominos tumble.

I expect that a lot of marginal agricultural production is in danger of becoming little more than land speculation.
A lot of it had already gone that way.

Up here the amount of farm equipment on equipment lots is hitting new heights. Fields full of it.
That and a lot of empty barns and sheds. Some simply decaying away. More derelict farm buildings than in good repair and used for it.
Where does it all lead in terms of big agro business, not even willing to take on a lot of the arable land and existing facilities.
What happens when agriculture becomes increasingly big business monopoly capitalism ?

I see orchards that were absolutely beautiful twenty five years ago, now unsustainable. Everything is too expensive and they cannot
compete. They try to diversify to doing other things, but jack of all trades, master of some, is more than the average person can
take on for very long. People get worn out.

Eventually the bottom drops out of the small would have been or was farmer, land speculation scenario too.

Then what ?

Cheers.

Robert Morpheal
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