Commodities & Energy

Reuters offers insight into how trade war, sagging prices pushing U.S. family farmers to leave the field

Reuters offers insight into how trade war, sagging prices pushing U.S. family farmers to leave the field

Reuters offered insight on how a growing numbers of older grain farmers in the U.S. Midwest are choosing to shed their machinery and find renters for their land, seeking to stem the financial strain on their families from sagging prices, made worse by the U.S.-China trade war. The trend has created boom times for the auction houses over the past six months but fewer younger farmers are lining up to replace those who leave.