USDA Destroying 420,000 peach trees after Del Monte closes all California canneries for good

Del Monte (139 years old) filed bankruptcy as rising energy prices and steel tariffs exacerbated an already bad balance sheet. They closed their Modesto and Hughson canning plants and canceled long-term contracts worth hundreds of millions.

Farmers now have no buyer for clingstone peaches meant for canning.

The USDA is "helping" farmers, providing $9m to destroy the orchards, calling it 'support for transitioning.'

This is what systemic failure looks like in a centralized food supply: one big player collapses, and the entire chain breaks. Grow your own food! De-centralize!

#GoGrow