“For Sale” signs have replaced “Dairy of Distinction” on the last two dairy farms on the road I drive to town. The farm crisis of the 1980’s that never really went away has resurfaced with a vengeance. In 2013, aggregate farm earnings were half of what they were in 2012. Farm income has continued to decline ever since. The moment is ripe for the movement for a sustainable agriculture to address the root causes.
Just as in the 80’s, a brief period of high commodity prices and cheap credit in the 2010’s resulted in a debt and asset bubble. Then prices collapsed. Meanwhile, ever larger corporations have consolidated their dominance in the food sector resulting in shoppers paying more, and a shrinking portion of what they pay going to farmers. At first this mainly hit conventional farms, but in 2017, processors started limiting the amount of milk they purchased from organic dairies and cut the price paid below the cost of production.