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FX.co ★ US farmers foresee food crisis

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Humour sur le Forex:::2024-03-07T12:18:54

US farmers foresee food crisis

Taking care of the environment is as important as maintaining the economy at a needed level. US farmers believe that the balance should be kept. Otherwise, the United States will face difficulties. This is why farmers have warned everyone about the possible onset of a food crisis.

The constantly growing inflation plays an important role in this issue. Unexpectedly, taking care of the environment is among the drivers of a potential crisis.

Entrepreneurs stated that high inflation and the environmental focus of business led to a decrease in livestock and, in some cases, to the foreclosure or complete closure of farms. According to John Boyd, a spokesman for one livestock organization, farmers are going out of business every day.

He stated that beef production declined by 1 billion pounds in the past year. The current situation may lead to negative consequences. If it worsens, citizens will find themselves in empty stores one day.

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