Thursday, April 11, 2019

Third update on US MidWest flooding

The worst economic disaster 
for U.S. farmers in modern 
American history continues. 

At least one million acres 
of U.S. farmland 
were water covered 
by the recent floods.  

Even before the floods, 
U.S. farm incomes 
had already sunk 
to a 12 year low.  

According to 
government regulations, 
when stored crops are flooded, 
they MUST be destroyed.

And the government 
has no program 
to cover those losses.  

Thousands of farmers 
have been 
financially ruined.

Congress needs to act quickly,
but would they pass a new law 
to help the farmers, when
Democrats oppose anything 
that could make Trump look good ?

And the states affected don't vote
for Democrats, so they don't care !





The trade war with China 
depressed prices for wheat, 
corn and soybeans, 
so in early 2019, 
farmers had been storing 
more crops on their farms 
than ever before.

Then the floods came. 

Hundreds of millions 
of dollars in crops that were
destroyed by the flooding 
were not insured.

Without government assistance, 
thousands of farmers will give up on
farming.




Dustin Sheldon, 
a fifth-generation 
grain and soybean farmer, 
said the record-breaking floods 
caused about $1 million 
in losses for his family farm.

“We figured that there is 
roughly $7 million 
worth of grain sitting 
in these grain bins here 
just in our county alone 
that is either destroyed ,
or inaccessible right now ,
that we won’t even be able 
to get to, or sell,” he said. 

“Financially, there’s a lot 
of farmers that can’t 
come back from that, 
and they may be 
out of business.”




USDA Under Secretary Bill Northey 
told Reuters: ... “there’s nothing the 
U.S. government can do to help”…

Millions of bushels of grains 
were destroyed in more than 
800 on-farm storage bins 
– mostly in eastern Nebraska 
and western Iowa.




For 71-year-old farmer 
Bruce Biermann, 
it looks like the end 
has come after 
the floodwaters 
destroyed more than 
$100,000 worth 
of his stored crops.

The two grain bins 
on Biermann’s farm, 
near Corning, Missouri, 
could not withstand 
the strong currents 
of the Missouri River.

With four feet of water 
pressing from the outside 
and grain swelling 
from moisture inside, 
the bins burst.

Because of the trade war, 
Biermann had been storing 
12,000 bushels of corn, 
and 8,200 bushels of soybeans, 
until prices went up again.




Farmer Travis Green, 
who operates farms in both 
Kansas and Nebraska, 
stored 25,000 bushels 
of yellow corn 
in a pair of grain bins 
in White Cloud, Kansas, 
near the Missouri River.

One of the bins 
“literally just blasted open,” 
after it filled with floodwater, 
and the other was uprooted
— destroying an estimated 
$100,000 worth of corn. 

On top of that, Green is unsure 
whether he’ll be able to plant 
anything this year, because of 
the water damage.




AccuWeather estimates the
total damage and economic loss 
caused by record-breaking flooding 
in the Midwestern U.S. this spring 
will total $12.5 billion.

And more flooding is coming !

The snow in Wisconsin 
and Minnesota is melting, 
so flooding is expected 
in northern Illinois 
and southern Wisconsin. 

That’s all going to end up 
in the Mississippi River,
worsening ongoing flooding 
issues near that river, 
and its tributaries.


Links to three prior articles

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