Boyd has been farming since the early 1980s, currently growing soybeans, corn and wheat across 1,500 acres in Virginia while raising 150 head of beef cattle. He told Newsweek that 2025 marked the first time in his career that he was unable to receive an operating loan, which provides farmers working capital needed to cover daily expenses, and blamed this on the trade policies of the current administration.
"I was turned down by banks for the simple fact of low commodity prices due to the president's tariffs," he said.
The higher costs for foreign importers have dampened foreign demand, leading to further reductions in the price of America's agricultural exports. Corn futures, as an example, have fallen about 15 percent since the start of the year, according to TradingEconomics. ...
Wow, who would have guessed the banks don't want to loan money with Captain Chaos destroying world trade?
Because what in a pizza was affected by the tariffs? The crust, the cheese, the sauce? I think all those ingredients are available without tariffs so what was it?
Google where the US imports tomatoes from fishpud.
stellinamarfa.com
Where Does America Get Its Tomatoes?
by Lillie NelsonNovember 6, 2022
Mexico is the leading exporter of fresh tomatoes to the United States, followed by Canada. Imports of Mexican tomatoes have had a tremendous impact on the US tomato industry.
Then google "tomatoes left to rot in FL field after ICE raids" fishpud.
moneywise.com
"Can't even afford to pick them': Florida farmers are now plowing over perfectly good tomatoes as Trump tariff policies cause prices to plummet and workers to flee. "