Saturday, March 30, 2019

Raising the alarm


We have never seen anything like this before. According to satellite data that was just released by Reuters, “at least 1 million acres of U.S. farmland” were covered by water for at least seven days this month. That is an agricultural disaster without equal in modern American history, and yet the mainstream media is treating this like it is some sort of second class story. It isn’t. This is the biggest news story of 2019 so far, and people want to know what is going on. A few days ago, I posted a story entitled ‘“As Many As A Million Calves Lost In Nebraska” – Beef Prices In The U.S. To Escalate Dramatically In The Coming Months’, and it has already been shared on social media more than 145,000 times. Farming communities all over the central part of the nation now look like war zones as a result of all this flooding, but the media elites on the east and west coasts don’t want to write about it. And with more flooding on the way for the next two months, this crisis is only going to get worse.
This is the time of year when farmers are gearing up to plant wheat, corn and soybeans, and now a substantial portion of our farmland will not be able to be used at all this year. According to Reuters, at least a million acres of farmland were covered by floodwaters for at least seven days this month, and that “will likely reduce corn, wheat and soy production this year”…
When the snows came, no one was thinking, floods.  Then they come and will continue for some time.   Probability of recession indicators are rising in Black Swan fashion.  If it stopped right now, we might get by, but it is not stopping right now.

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