ATR: Grain Storage Woes, China Faltering, CA farm values plummeting @DamianPMason
Update: 2024-10-25
Description
The Ag Tribes Report, hosted by Vance Crowe, discussed several key issues affecting agriculture. Damian Mason highlighted the grain storage shortage in the Midwest, with farmers piling corn in abandoned quarries due to a glut in production and low prices.
Mason also addressed China's reduced grain purchases, attributing it to economic slowdown and new suppliers. The conversation shifted to California's San Joaquin Valley, where land values have plummeted due to new groundwater regulations. The Farm Assistance and Revenue Mitigation Act was also discussed, noting its potential inflationary impact. Finally, Mason shared his skepticism about the 1969 moon landing.
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