In the US, according to USDA, the median total family income for a farming family is ca $108k
replyWhich is a huge amount over the median all family income in the US of 83k. So in that sense farmers are richer than average Americans.
replyI would not say $1-$2k/mo extra income counts as a huge amount richer. It’s like 58th percentile by family income. I don’t really think it makes sense to call solidly middle class income rich in any sense…
replyThey’re asset millionaires and maybe gross revenue millionaires, but not typically net income millionaires.
replyMost millionaires are asset millionaires. Almost nobody has a million in their savings account.
replyThat is how they know the subscription is a bad idea. They are afraid of being squeezed like they squeeze their own labor. That 200 dollar fee will go up any time the CEO needs to juice the stock price.
replyWell this is the problem with farming and politics.
replyYou have a long tail of poor farmers, and a few very large powerful farmers.
Thus you have the politics of the small family farm barely making a living, and large industrial monocultures at the same time, and people picking and choosing which, as and when it suits.