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FORWARDS ARE NOT ENDORSEMENTS

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100,000 Italian farms are on the verge of closure due to skyrocketing production costs brought about by the conflict in Ukraine, major farming association Coldiretti said in a report this week.

#WarOnFarms #Italy

https://www.rt.com/business/552751-italy-farms-risk-closure/
Forwarded from Ice Age Farmer
40% US Farms forecast to go bankrupt!? US Agriculture going over a cliff

“Farmers are literally losing money per acre while Big Agriculture is making hundreds of millions of dollars and more.”

Chairman of the Arkansas Rice Growers Association — and 50-year career farmer — says there is a “coming disaster” unlike anything he’s witnessed, “I’ve never seen this kinda look in farmers’ eyes. It’s fear. And it’s based in undeniable facts.” "Whether this year or next year or the next, there’s a crash coming."

"In a nutshell, we are going over a cliff. Banks are forecasting farm bankruptcies at 25% to 40%, and the dirty secret is out. Everyone knows it; everyone feels it.

“And the solution is supposedly another bailout or a gap payment the following year? Wake the hell up: Where do you think that money is gonna go? It won’t go to farmers." It goes straight to the Big Ag monopolies.

Bailey Buffalo, 6th-generation farmer, is calling it quits: "Some blame the current president. Some blame the last president. Nobody is looking at where farmers spend their money. Farmers pay monopolies & have no choice."

(source)

Grow your garden. Support your local farmers & producers. Build resilient alternative systems.

- @iceagefarmer

#WarOnFarms