Uneven Distribution U.S. Farm Belt bankruptcies have reportedly reached a 10-year high as banks show their displeasure with producer balance sheets hammered by five years of low prices. Yet Purdue University’s monthly Ag Economy Barometer survey of farmers and their confidence rose 16 points in January to a seven-month high. The rise was likely helped by the Trump administration’s $6 billion distribution of trade war compensation checks. Unfortunately, the rest of the value chain is not receiving such subsidies. Trading houses are suffering as lower volumes of trade concentrate competition and deplete profits. As a result of the trade war and newer consumer-based demands, the entire U.S. agrifood value chain is facing major ch...