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progree

(12,275 posts)
7. Rural America is suffering an economic crisis as crop prices plunge, Fortune, 8/30/25
Sun Aug 31, 2025, 10:38 AM
Sunday

Last edited Thu Sep 4, 2025, 08:14 PM - Edit history (1)

https://www.democraticunderground.com/100220599123

. . .They have asked lawmakers to help increase access to export markets, including China, which is still locked in a trade war with the U.S.

. . . U.S. producers of corn and soybeans have sent dire warnings as prices for their crops have crashed in recent years while ... Donald Trump’s trade war whipsaws farmers.

. . . Corn prices have plunged more than 50% from their 2022 peak, while production costs are down just 3% in that span, translating to a loss of 85 cents per bushel, the NCGA [National Corn Growers Association] said, adding that the outlook for next year is worse with even lower prices and higher costs.


On the other hand,

WHOLESALE VEGETABLE PRICES UP 38.9% in One MONTH
https://www.today.com/food/news/wholesale-vegetable-prices-skyrocket-rcna225193

From the source (Producer Price Index, aka wholesale prices) :
https://www.bls.gov/news.release/ppi.t02.htm Final Demand goods -> final demand foods -> fresh and dry vegetables
+38.9% from June to July, seasonally adjusted

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