Many farmers are having a tough time

Land O’Lakes CEO Beth Ford writes in Fortune,

Farmers are generally too proud and humble to speak out, but the truth is we are living through an extremely difficult period of market turmoil and natural disasters. Due largely to sustained low commodity prices, average farm income in 2017 was $43,000, while the median farm income for 2018 was negative $1,500. In 2018, Chapter 12 bankruptcies in the farm states across the Midwest that are responsible for nearly half of all sales of U.S farm products rose to the highest level in a decade.

And then the floods came to the Midwest. Farmers have been significantly delayed in their planting this year due to rain and soggy ground, and as the planting window closes, some will have to make a decision about whether to plant a crop this year at all. As of June 9, just 60% of America’s soybean acres had been planted in our highest-producing states, compared with nearly 90% typically planted by this time of year. And just 83% of the corn crop is in the ground in the most productive states, a number that should be pushing 100%.

...Roughly one in three rural Americans, and one in four farmers, are without broadband access, cutting them off from services like telemedicine and educational tools. Many parents have to drive to the local McDonald’s so their kids can get Internet access to finish homework. Rural America faces a shortage of doctors—more than 100 rural hospitals have closed since 2010—even as they endure the regular dangers of farm life and the rolling tragedy of an opioid crisis. “Three in four farmers and farm workers (74%) are or have been directly impacted by opioid abuse, either by knowing someone, having a family member addicted, having taken an illegal opioid or having dealt with addiction themselves,” according to a survey from the American Farm Bureau Federation.

...We need to look for ways to drive more investment and job creation in rural areas. For example, because trade is a cornerstone of a strong agricultural economy, Land O’Lakes continues to urge Congress to approve the USMCA trade agreement, while calling on the Trump administration to expand exports with existing trade partners. Policy is critical to help farmers at a time of crisis, a fact reflected in a strong bipartisan 2018 farm bill that improved the safety net for dairy producers and created new mental health assistance programs for farmers.

Policy must also be a catalyst for innovation. That’s why Land O’Lakes and other agricultural companies have supported public and private efforts to expand high-speed broadband access in rural America. And it’s why we’ve striven to deploy cutting-edge ag tech such as digital sustainability platforms to help farmers better safeguard and utilize their natural resources.

Fewer than one in five Americans live in rural areas, but they represent 44% of those serving in our military. When we need them, they stand up. Now it’s our turn to get on our feet.

Read more here.