Silver Report Uncut: Farm Equipment Shipments Halted as Chip Shortage to Hit Agriculture

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Silver Report Uncut
May 19, 2021

Hoosier Ag Today reports, “The biggest factor impacting the ability of US farmers to produce the food we need has nothing to do with the weather, the markets, trade, regulations, or disease. The worldwide shortage of computer chips will impact all aspects of agriculture for the next two years and beyond… farm equipment manufacturers have halted shipments to dealers because they don’t have the chips to put in the equipment… not only have combine, planter, tillage, and tractor sales been impacted, but even ATV supplies are limited. Parts, even non-electric parts, are also in short supply because the manufacturers of those parts use the chips in the manufacturing process. As farmers integrate technology into all aspects of the farming process, these highly sophisticated semiconductors have become the backbone of almost every farming operation.”

Supply shortages aren’t just in Farm equipment but in everything all at once. Many analysts are commenting about the difference in this supply shortage being the breadth reaching into food metals and almost all critical manufacturing segments. It’s likely the collapse in the US dollar will continue.

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