(The Epoch Times)—The United States has nearly 2 million active farms, and researchers say the existing agricultural model could feed 146 percent of the population by 2030. Nevertheless, the United States imported close to $205 million in food products last year, according to the Department of Agriculture (USDA).
It’s another milestone in the more than decade-long trend of increasing reliance on food imports. Historically, this has been blamed on everything from high volumes of food waste to a booming population, but insiders say profitability is the main roadblock keeping America reliant on foreign foods.
“I think the biggest problem is not the model, but growing season, economics, profits, [and] market demand,” David Anderson, professor and extension specialist for livestock and food product marketing at Texas A&M University, told The Epoch Times.
When asked what would need to change in the U.S. agricultural model to pivot toward growing more crops for domestic consumption, Anderson said: “I think we can physically grow more vegetables, but are they what people want, when they want them, and at a profitable price? Marketing windows prevent some crops from being profitably grown.
“We often have higher costs than crops from other countries.”
Major agricultural producers such as Mexico, China, Brazil, and India have looser regulations, long growing seasons, and cheap labor, making a lot of the production costs cheaper than in the United States. That’s why imported food has generally been cheaper than its domestic competition.
“Farmers produce what is most profitable,” Anderson said.
“Profits are not only determined by price and production costs but what they can actually grow. Not all crops can be grown everywhere.
“Sometimes I can grow a crop but can’t grow it for a profitable price. The yields might be too low or too inconsistent.”
Double-Edged Sword
Troubles turning a profit have led to a sharp decline in homegrown fruits and vegetables over the past few decades. The USDA has observed steady growth in imported fresh produce since the mid-1990s.
In a 2024 interview with NTD News, the president of the Carolina Farm Trust, Zack Wyatt, highlighted how a lack of profitability, foreign competition, and a lack of subsidies have essentially crushed the domestic produce market.
“It feels like the system incentivizes small farmers to go out of business,” Wyatt said. “The more reliant we are on importing food, the more we’re reliant on power. If we can’t feed ourselves, what happens next?”
However, Anderson pointed out that trying to scale up domestic production and decrease reliance on imports is a double-edged sword.
“Imports make food cheaper for consumers,” he said. “If we were to ban or curtail food imports, we would find a lot more seasonality in our food choices at the store. Imports allow us to have year-round supplies of many fruits and vegetables. I think that is good for consumers too.”
The United States imported nearly $30 million in fruit and more than $21 million in vegetables last year, according to USDA research. In a 10-year snapshot, it marks a sharp increase from the less than $16 million in fruit and $11 million in vegetables imported in 2015.
But the soaring imports aren’t limited to fresh produce. The volume of foreign grains, meat, and dairy entering the United States has also risen in the past 10 years.
Moreover, Anderson pointed out that not all U.S. produce is grown for direct consumption, but for other products. He gave the example of domestically produced tomatoes, many of which go into other items such as sauces or soups, cutting down on the number of actual tomatoes available to meet fresh market demand.
Millions of acres of American farmland are dedicated to crops grown for ethanol and seed oils. Roughly 40 percent of U.S. corn production is for ethanol and other products. Additional crops are grown for “oilseed” purposes, like soybeans, rapeseed, palm, and sunflowers. Soybeans alone account for more than 80 million acres of U.S. cropland and represent 90 percent of total domestic oilseed production.
At the end of the day, Anderson said, what producers grow is dictated by dollars and cents.
“We might grow a lot more things if [market] prices were high enough. But that creates a problem for consumers: To get the price high enough to produce them would mean few could afford them.”
Aaron Ristow, senior agricultural specialist at American Farmland Trust, also thinks high input costs keep American farmers from scaling up domestic food production.
“Other countries don’t have to pay as much, so their products can be bought cheaper here. I think we’re able to compete, but the cheaper labor and lack of regulations other countries have would be a threat,” Ristow told The Epoch Times.
Working with farmers in New York, Ristow said there’s no shortage of hurdles to increasing domestic food production.
“There’s things like extreme weather conditions. Even if we’re getting the same amount of rainfall, we get extended dry periods, then a lot of intense rain suddenly. The runoff and erosion are problematic and can wipe out crops,” he said.
Ristow noted that farms are increasingly under fire from urban expansion. He said that many farmers deal with consistent complaints about the noise of farm machinery and the smell of animals.
“People buy a house because they like the views of the countryside, but they don’t like the smell of manure or getting stuck behind farm equipment while driving down the road,” he said, calling it an “invisible wall” for American farmers.
Moreover, Ristow said there’s not much incentive for producers to take a chance on growing more crops or making drastic changes in their methods. With volatile market prices, hidden costs, and other pitfalls, many simply can’t afford to take the risk, he said.
Cost-Price Squeeze
When it comes to federal subsidies for struggling farmers, Ristow said there are roadblocks there, too.
“There’s money out there, but more financial support for farmers is needed as they transition into a more sustainable system,” he said.
Anderson agreed that farmers are in a tough spot.
“I think all of our crop farmers are struggling financially, commodity prices are low. While production costs have increased, the prices for the crops we sell have not increased. That has created a cost-price squeeze,” he said.
In a May commodity markets outlook report, the World Bank forecast that agricultural prices would slowly decline in 2025 and drop by 3 percent in 2026. Much of this is due to improved global supply conditions.
“The U.S. Department of Agriculture’s Agricultural Marketing Service (AMS) works to improve domestic and international opportunities for U.S. growers and producers. AMS works with a variety of organizations to support rural America and the nation’s agricultural sector,” a USDA spokesperson told The Epoch Times.
Claims that large-scale producers of corn, soy, wheat, cotton, and rice receive the lion’s share of available federal money have been ongoing for years.
Federal farm subsidies have been under a magnifying glass since 2023, when the Environmental Working Group released an analysis revealing that from 1995 to 2021, the top 10 percent of farm subsidy recipients receiving the largest payments collected more than 78 percent of total commodity program funding. The top 1 percent received 27 percent of subsidy payments.
With a growing list of financial burdens, many family-owned farms are passing into new hands as the older generation retires, Ristow said.
“A lot of the time, the children or other family just aren’t interested in farming,” he said, adding that farmland is being lost at a “high rate.”
Much of this retired farmland is passing to urban developers, which complicates any future possibility of using the land for crops.
“Even if the businesses go out of business, you don’t have the same topsoil anymore. All the life is removed,” Ristow said.
Why Bullion Beats Numismatics and Collectible for Your Safe or IRA
Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.
Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.
Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.
Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.
For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.
Lower Costs and Better Liquidity for Home Storage
When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:
- You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
- Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
- Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
- Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
- Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.
In times when quick access to value becomes important, bullion’s simplicity stands out.
Stronger Fit for Precious Metals IRAs
Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.
Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.
Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.
Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.
How to Get Started with Bullion
Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.
Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.
As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.
For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.




