Are falling crop prices pushing US farmers into recession?
Tuesday, 24 December 2024 ()
American farmers, particularly in North Dakota, face severe financial strains due to plummeting crop prices and skyrocketing input costs. Seed prices, for instance, have surged from $150 to $230 per bag. President-elect Trump acknowledges the crisis, planning tariffs on some Canadian and Mexican agricultural imports to alleviate the issue.
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