- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Farm group says ag in full blown crisis
Posted on 4/28/25 at 6:45 am
Posted on 4/28/25 at 6:45 am
quote:LINKCNBC
The clock is ticking on trade deals that the U.S. will need to strike with many nations, most notably China, to avoid what Trump’s Treasury Secretary has described as an “unsustainable” tariffs war. But in the U.S. farming sector, the damage has already been done and the economic crisis already begun.
U.S. agriculture exporters say the global backlash to President Trump’s tariffs is punishing them, especially a decline in Chinese buying of U.S. farm products, leading to cancelled export orders and layoffs. Peter Friedmann, executive director of the Agriculture Transportation Coalition, a leading export trade group for farmers, tells CNBC the number of canceled purchases of U.S. agriculture should not be described as approaching a crisis. “It is a full-blown crisis already,” he said.
8
Posted on 4/28/25 at 7:04 am to bigjoe1
Rural areas getting hit hard with the trade war, and the cut back of health services
Posted on 4/28/25 at 7:12 am to bigjoe1
If we are not exporting our corn, wheat, rice, and other agricultural goods, wouldn’t that make them cheaper domestically?
Also, how much in subsidies do agricultural businesses depend on?
Also, how much in subsidies do agricultural businesses depend on?
This post was edited on 4/28/25 at 7:15 am
Posted on 4/28/25 at 7:16 am to Tarps99
quote:Newsmax
President Donald Trump is ready to bail out American farmers if commodity exports continue to fall, particularly involving pork and soybean sales to China, Agriculture Secretary Brooke Rollins said Sunday.
"First of all, the prayer is that that doesn't need to happen — but secondly, if it does, for the short term, just as in Trump 1, we are preparing for that," Rollins told CNN's "State of the Union."
During Trump's first term in office, the government spent tens of billions of dollars in farm subsidies amid a smaller trade war between the United States and China.
Posted on 4/28/25 at 7:20 am to Tarps99
quote:
If we are not exporting our corn, wheat, rice, and other agricultural goods, wouldn’t that make them cheaper domestically?
Sure. But, farmers would lose a hell of a lot of money. If memory serves, I think in 2019 the Dept. of Agriculture had to subsidize farmers $12 billion dollars to make up for lost income from tariffs on top of all of the other subsidizes .
Posted on 4/28/25 at 7:23 am to bigjoe1
That will go higher as we are setting records on soybean and corn production. The stronger dollar is making our exports less attractive and favorable weather helps out other countries like Brazil
Posted on 4/28/25 at 7:36 am to Tarps99
quote:
If we are not exporting our corn, wheat, rice, and other agricultural goods, wouldn’t that make them cheaper domestically?
Unlikely as they will likely dump the product on under developed countries to avoid saturating key markets and destroying what little profit they have.
Then they will configure to gross less, in the next cycle.
quote:
Also, how much in subsidies do agricultural businesses depend on?
This is the type of situation where the govt generally bails them out as they grow less
Posted on 4/28/25 at 7:38 am to jmarto1
quote:
The stronger dollar
The dollar just hit a 3 year low a week or so ago
Posted on 4/28/25 at 7:40 am to Tarps99
quote:
Also, how much in subsidies do agricultural businesses depend on?
Trump's first round of tariffs in 2018-2019 saw AG subsidies quadruple. $11 billion to $44 billion.
Posted on 4/28/25 at 8:07 am to UltimaParadox
quote:
and the cut back of health services
?
Posted on 4/28/25 at 8:14 am to HailHailtoMichigan!
With HHS cutting its budget by over 1/3rd a lot of that targets tax credits and subsidies which rural hospitals and health care centers rely on as they basically operate in the red without the fed gov.
Posted on 4/28/25 at 8:38 am to bigjoe1
quote:
Sure. But, farmers would lose a hell of a lot of money. If memory serves, I think in 2019 the Dept. of Agriculture had to subsidize farmers $12 billion dollars to make up for lost income from tariffs on top of all of the other subsidizes .
.Gov spends 30 billion per day. Cut that back, and the subsidies are nothing.
Posted on 4/28/25 at 8:51 am to OccamsStubble
quote:
.Gov spends 30 billion per day. Cut that back, and the subsidies are nothing.
So you think paying farmers to grow nothing is a good use of taxpayer dollars? Agree to disagree on that one, buddy.
Posted on 4/28/25 at 9:01 am to bigjoe1
I'm certain there will be uncertainty.
Posted on 4/28/25 at 9:29 am to Tarps99
There’s not enough domestic demand to satisfy the supply.
Posted on 4/28/25 at 9:31 am to UltimaParadox
quote:try that in a small town
With HHS cutting its budget by over 1/3rd a lot of that targets tax credits and subsidies which rural hospitals and health care centers rely on as they basically operate in the red without the fed gov.
Posted on 4/28/25 at 9:50 am to bigjoe1
Good.
Draining our aquifers to grow corn/beans to ship to china is not sustainable.
Draining our aquifers to grow corn/beans to ship to china is not sustainable.
Posted on 4/28/25 at 10:11 am to SuperSaint
try that in a small town
______
You win the internet today!
______
You win the internet today!
Posted on 4/28/25 at 10:17 am to jmarto1
The dollar Is not stronger these days. What you talking bout Willis?
Posted on 4/28/25 at 10:36 am to TxTiger82
The Farm Subsidies act as a tool to help manage inflation in the food sector by reducing volatility. Remove the subsidies and farmers will grow less and have to raise prices to be able to make a profit.
Now, one can argue overall if that policy is a good/bad thing and if the market would be better off without it, but that money is either coming out of your pocket as taxes or as a higher grocery bill.
Now, one can argue overall if that policy is a good/bad thing and if the market would be better off without it, but that money is either coming out of your pocket as taxes or as a higher grocery bill.
Page 1 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News