In lieu of being able to ramp up my own production of food, time to make room for larger stores of bulk supplies of long-lasting staples, bought now before the price increases hit retail.
@darwinslair @Adam_Asmus @NerdKing52 @TheBrometheus @MorlockP
https://www.zerohedge.com/news/2019-03-30/midwest-apocalypse-satellite-data-show-least-1-million-acres-us-farmland-devastated …
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Replying to @KalkinTrivedi @Adam_Asmus and
well, I have to admit, the scale of this "disaster" is the reason such a large area is good for growing food. The flooding is good for soils, bad for infrastructure. And wait until the New Madrid fault starts moving again.
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Replying to @darwinslair @Adam_Asmus and
I have seen several think-tank documents claiming
in good shape for GSM, financial crises, &c, bc high ratio of arable land compared to population. Can also shift ag belts north & south. But obviously not failsafe. Particularly concerning the storage silos destroyed.1 reply 0 retweets 2 likes -
Replying to @KalkinTrivedi @darwinslair and
While a million acres seems like a lot, and it is a wide swath of territory, the USDA Planting intentions for 2019 came our thursday and there will be an estimated 92.8 million acres of corn alone. 84.6 million beans. It's still a disaster, no doubt.
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Replying to @Adam_Asmus @darwinslair and
Commodity prices impacted at the margins. You know that. Lucky it's not more extensive as this is bad enough as it is. And the GSM is just beginning. I feel sympathy & concern for the impacted farmers too. The article says many will end up bankrupted.
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Replying to @KalkinTrivedi @darwinslair and
Many will. Prices are absolutely horrendous, and the profitability of any farmer who is even slightly leveraged and specialized in only grain farming...I'm honestly wondering if this years prices are like the last 3 if there wont be a raft of bankruptcies and suicides.
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Replying to @Adam_Asmus @KalkinTrivedi and
I still remember the story my grandfather told me. 80s farm crisis, local guys combine got stuck in wet field. Trying to free it, he literally pulled it apart. He went home, went to the barn and shot himself.
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