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Why Grain Farmers are Leaving the Field

Trade war, sagging prices affecting decisions

File Photo
File Photo

Across the Midwest, growing numbers of grain farmers are choosing to shed their machinery and find renters for their land, all to stem the financial strain on their families, a dozen leading farm-equipment auction houses told Reuters.

As these older grain farmers are retiring, fewer younger people are lining up to replace them.

The trend it is expected to put a strain on the agricultural supply chain: It means fewer customers for seed and chemical companies, fewer machine buyers, and fewer suppliers for grain merchants.

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