Farm Deluge Starts to Seep Into America’s Fragile Rural Economy
- Suppliers and providers set to struggle along with farmers
- Incessant rains have cast a shadow on corn-driven economies
June 13: U.S. farmers lose overseas market share
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From 100 feet up in the air, Indiana crop duster Robert Sneberger gets a better view than most of how cornfields are faring. This season, the picture is bleak.
Instead of the stretching green stalks he normally sees at this time of year, there’s water. The wettest year in memory has stalled planting and stunted crops in the U.S. Midwest at a time when farmers are already struggling with low prices and a trade war with China.