THE MOST IMPORTANT NEWS - MIDWEST FARM BUBBLE CONTINUES COLLAPSE AS FARM INCOMES EXPECTED TO CRASH IN 2017

Midwest Farm Bubble Continues Collapse As Farm Incomes Expected To Crash In 2017

BY MICHAEL ON FEBRUARY 9, 2017

Earlier this week the U.S Department of Agriculture released its biannual report of farm incomes which paints a very bleak picture for the American farmer.  In its first forecast for 2017, the USDA sees real farm cash receipts down 14% versus 2015 and 36% from the previous high set in 2012 as farm debt continues to soar and leverage surges to all-time highs.

As the Wall Street Journal notes, the deadly combination of rising input costs, lower grain prices, a strong dollar and excessive leverage will likely force many of America’s Midwest farmers out of business in 2017.

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