Hallvard Dalen

🚜 Farms in the south are struggling: 78% of Southern farmers say they can’t afford all required fertilizer this year, the highest of any region.  The South is exposed for two reasons: crop mix and pre-booking behavior. Just 19% of Southern producers pre-booked fertilizer ahead of the season, vs. 30% in the Northeast, 31% in the West, and 67% in the Midwest.  Cotton, rice, and peanut growers, largely concentrated in the South, barely locked anything in before fertilizer prices skyrocketed. Only 13% of cotton growers and 9% of peanut growers pre-booked.  Those are also the most fertilizer-intensive crops on the board. Rice runs $1,308/acre to produce, peanuts $1,166, and cotton $943 vs. $658 for soybeans and $396 for wheat. U.S. farm sector losses have exceeded $50 billion across the past three crop years. Nearly all (94%) farmers say their financial situation has worsened or stayed the same vs. last year. Farms are getting squeezed.

⛔️Another evidence of the lies we are exposed to by this failing administration ‼️ ⛔️ The rescue of the second pilot gets so much more interesting when you realize he walked 110 miles in a single day to get to his location from crash sight and other pilot‼️