Surprise! The system works for the billionaires but not for the farmers. Surprise isn’t really the right word because the pattern right now unmistakable. The system is functioning exactly as designed, delivering consistent gains to billionaires and large corporate players while leaving farmers trapped in a cycle of razor-thin margins and rising debt. Consolidation concentrates pricing power at the top, financial markets reward scale and speculation over production, and risk is pushed downward onto those who actually grow the food. Farmers absorb volatile input costs, weather shocks, and market swings, while corporations lock in profits through contracts, market dominance, and financial leverage . The failure at the farm level is, in reality, success at the top of the system, one that extracts value from producers while insulating those with capital, scale, and influence from the consequences. Farm debt is projected to reach roughly $560 billion, the highest level on rec...
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