San Diego County’s nearly $1.8 billion agriculture industry is facing significant risks as fire insurance becomes harder for farmers to get. Insurers are reluctant to offer policies in rural areas where climate change has increased the risk of destructive brush fires.
Ford outlined how sustained low commodity prices now meant that the average farm income in 2017 was $43,000, and that the median farm income for 2018 was minus $1,500. This had pushed bankruptcies in the farm states across the Midwest, which sell half of U.S farm products, to the highest level in a
