America’s Heartland Is Disappearing: What’s Happening to the Corn Belt?
The Financial Crisis Gripping Corn Belt Farmers The Financial Crisis Gripping Corn Belt Farmers (image credits: pixabay) The heartland’s financial foundation is crumbling beneath the weight of severe economic pressures. Using these prices will result in negative returns for most cash-rented farms. A -$129 per acre return would be the lowest since comparable records began in 2000. Most farming operations have traditionally maintained strong financial positions, but the economic landscape has shifted dramatically. However, the low returns that are expected will quickly erode that position, particularly the working capital position. Current levels of futures contracts suggest that appropriate budgeting prices … Read more







