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What Debt In Chicken Farming Says About American Agriculture

The Huffington Post - 19 Jul 2016 15:04
What Debt In Chicken Farming Says About American Agriculture History has proven many times that carrying large amounts of debt in a fluctuating market creates a dangerous situation. But the production contract model used that is spreading globally in chicken and livestock farming is a sign that agriculture itself is changing, shifting farmers into an increasingly debt-dependent scenario. We're all familiar with the term "debt crisis." It reminds us of mortgages going underwater as property values crashed, and it rocked the world economy only a few years a...
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