Wednesday, October 19, 2005

Agriculture facing its own Katrina

Rising energy prices have created to most severe problems for American farmers since the Dust Bowl. Since Katrina and Rita, astronomical fuel prices, fertilizer and chemical costs combined with low commodity prices have made profits seem impossible next year. Banks are declining loans to farmers and as a consequence many will not be able to farm next year.

As one Central Texas farmer put it;

It's a lot easier to do nothin' for nothin' that somethin' for nothin.


Post a Comment

<< Home