The Future Of Farming

Image credit: andreswd/E+ via Getty Images. Article by Michael Smith, The Angry Bear. Seeking Alpha – August 13, 2022.

Summary

• Farmland and equipment are recession-proof to an extent, but the lands’ yields are not. The debt structures of modern agriculture offer little to no relief in turmoil. Crop subsidies and insurance are stopgap measures in bad years, backstopped by American tax dollars.
• As climate change continues to transform farmable land into arid landscape with groundwater as the only saving grace, the currently held landmass from which we derive food, grain, oils, fabrics, and animal feeds will shrink, or rather has been shrinking for decades.
• According to independent research, by 2040 the amount of US population in the farming community is set to be cut in half down from 3 million to merely 1.5 million farming roughly the same amount of land. […]

Click here to view original web page at seekingalpha.com