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

By: Decomposed in POPE IV | Recommend this post (1)
Fri, 10 Feb 17 11:12 AM | 41 view(s)
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Msg. 20385 of 47202
(This msg. is a reply to 20379 by capt_nemo)

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Then I may want to go on a Mid-West shopping spree next year.

I'm not thinking of farms, but of farm EQUIPMENT. I'd love to get my hands on an excavator. 




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The above is a reply to the following message:
Midwest Farm Bubble Continues Collapse As Farm Incomes Expected To Crash In 2017
By: capt_nemo
in POPE IV
Fri, 10 Feb 17 11:00 AM
Msg. 20379 of 47202

Per data from the U.S. Department of Agriculture's latest farm income report, the deadly combination of rising input costs, lower grain prices, a strong dollar and excessive leverage looks likely to force many of America's midwest farmers out of business in 2017.

http://www.zerohedge.com/news/2017-02-09/midwest-farm-bubble-continues-collapse-farm-incomes-expected-crash-2017


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