ABC for Business

08/07/2025

Discipline, for the moment, seems painful, but it yields the peaceful fruits of righteousness. Hebrews 12:11

08/07/2025

Elect Steve Hilton for Governor of California. Clean up the corruption.

07/31/2025

Absolutely!! 💯⁰F!

07/31/2025

THIS IS LEADERSHIP!!

06/14/2025

Don't take law enforcement kindness for weakness. Bricks and bear spray aren't covered by the First Amendment.

06/04/2025

Visit Hot Springs National Park.

04/08/2025

A symbol of arrogance is assuming that anyone who disagrees with you is ignorant. Differing views stem from diverging values.

03/20/2025

Didn't know there are more than just 'a narcissist'. But Dr Ramani explains it very well.

03/01/2025

If only the fertile fields of central California could secede from Kalifornia and be the 52nd State!

Yesterday I talked to a local farmer about the state of farming locally. I asked how it was going and was surprised to hear them say they were probably closing up shop. For them, there is a perfect storm happening.

The PG&E bills to run the pumping units for water can exceed over 100k a year. The water that was talked about for farmers has not been delivered yet. According to the farmer, LA did get some water but as of yet, farmers have not seen it.

One major thing as well is some of the subsidies farmers get from the gov have just been cut by DOGE. Will they come back online, I don't know but some of the independents will probably feel that the most. Some almond farming in the central valley has been cut down and won't be coming back.

Because farmers are getting out, there is a lot of farm land on the market right now. The price per acre has fallen off a cliff. Drive around the farming areas of Shafter and you see lots of farm land sitting as dirt. As of early 2024, agricultural land values in Kern County, California, have experienced a notable decline. In 2015, prime farmland prices reached highs of approximately $25,000 to $30,000 per acre. By early 2024, these values had decreased to around $16,000 to $18,000 per acre. Now it's going even lower, close to $12,000 per acre.

There's probably going to be some changes in farming, which will ultimately result in the major players scooping up the independents that don't have enough leverage to get what they need.