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Tue May 21, 2019, 01:40 PM

Trump Readies New Round of Aid to Farmers Hit by China Trade War

Source: Bloomberg

The Trump administration is preparing to announce another round of aid to farmers hurt by the trade war with China as soon as Thursday, people familiar with the plan said, a package of assistance that could exceed $15 billion.

The aid plan is largely modeled on the program the administration put in place last year after China slapped retaliatory tariffs on U.S. agricultural products, though the payments will be more generous.

The administration is considering payments of about $2 per bushel to soybean growers, 63 cents per bushel to wheat growers and 4 cents per bushel to corn growers to compensate for losses from the trade war, according to two people familiar with the payment levels, who asked not to be identified because the aid plan hasnít been made public.

The administration last year paid $1.65 per bushel for soybeans, 14 cents per bushel for wheat and 1 cent per bushel for corn.

Read more: https://www.bloomberg.com/news/articles/2019-05-21/trump-farmers-trade-war

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Arrow 30 replies Author Time Post
Reply Trump Readies New Round of Aid to Farmers Hit by China Trade War (Original post)
demmiblue May 21 OP
LogicFirst May 21 #1
pazzyanne May 21 #21
matt819 May 21 #2
Honeycombe8 May 21 #3
mwb970 May 21 #4
duforsure May 21 #5
NoMoreRepugs May 21 #6
dlk May 21 #7
Bengus81 May 21 #8
ArizonaLib May 21 #24
Farmer-Rick May 21 #9
Maxheader May 21 #27
oasis May 21 #10
louis-t May 21 #11
Marie Marie May 21 #14
louis-t May 21 #16
Achilleaze May 21 #12
keithbvadu2 May 21 #13
cstanleytech May 21 #18
yaesu May 21 #15
Bernardo de La Paz May 21 #17
roamer65 May 21 #19
tanyev May 21 #20
bluestarone May 21 #22
procon May 21 #23
riversedge May 21 #25
walkingman May 21 #26
Cicada May 21 #28
marlakay May 21 #29
riversedge May 22 #30

Response to demmiblue (Original post)

Tue May 21, 2019, 01:44 PM

1. Buying votes

with our money. That is how Trump does everything: on someone else's money.

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Response to LogicFirst (Reply #1)

Tue May 21, 2019, 06:07 PM

21. Question-

Where is the money for this coming from? Trump is already funneling money from the TSA and FEMA for his stupid border wall. Seems to me this stinks to high heaven!

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Response to demmiblue (Original post)

Tue May 21, 2019, 01:48 PM

2. And just think

All he had to do was, well, absolutely nothing.

Farmers would have sold their soybeans and corn to China - no federal government bailout, apart from the usual pork (so to speak) in the farm bill.

Of course, to vote no on bailouts for farmers would be suicide.

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Response to demmiblue (Original post)

Tue May 21, 2019, 01:50 PM

3. It's called pay-for-votes. nt

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Response to demmiblue (Original post)

Tue May 21, 2019, 01:53 PM

4. More socialism.

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Response to demmiblue (Original post)

Tue May 21, 2019, 01:53 PM

5. He's paying them off

With our money from his failed policies he's promoting, and his promises almost always aren't kept then he blames others.

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Response to demmiblue (Original post)

Tue May 21, 2019, 01:57 PM

6. Laying the groundwork for votes by using other peoples money.

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Response to demmiblue (Original post)

Tue May 21, 2019, 02:04 PM

7. More Socialism from Trump and Republicans

How many ways can you spell hypocrisy?

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Response to demmiblue (Original post)

Tue May 21, 2019, 02:04 PM

8. Funny how those farmers can live with THIS kind of Welfare and socialism...........

HYPOCRITE BASTARDS...........

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Response to Bengus81 (Reply #8)

Tue May 21, 2019, 06:58 PM

24. Same as my first thought

Children in cages and welfare to farmers. Are these the same farmers who send representatives to congress who are voting for work required welfare/assistance?

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Response to demmiblue (Original post)

Tue May 21, 2019, 02:42 PM

9. Shit, I get 8 to 10 times that per bushel

But then my soybeans are non-GMO, Certified Naturally Grown and well, really edamame. But even then, I've lost some customers because the chemical farmers are now looking for markets and they pick up the customers that don't want chemical-free that I was selling to. I do black soybeans in larger quantities and get lower, wholesale prices for them but even they are selling 4 times that price.

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Response to Farmer-Rick (Reply #9)

Tue May 21, 2019, 07:11 PM

27. 4 times the subsidy ... ?


Or 4 times market price?

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Response to demmiblue (Original post)

Tue May 21, 2019, 02:45 PM

10. He needs to be called out on this by the MSM. Bigtime.

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Response to demmiblue (Original post)

Tue May 21, 2019, 02:45 PM

11. We are being punished twice.

We get to pay higher prices because of stupidface, then we get taxed more to pay off the people he screwed in the first place.

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Response to louis-t (Reply #11)

Tue May 21, 2019, 03:52 PM

14. My thoughts exactly.

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Response to Marie Marie (Reply #14)

Tue May 21, 2019, 03:55 PM

16. So much winning.

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Response to demmiblue (Original post)

Tue May 21, 2019, 02:48 PM

12. For a republican who pays no taxes, Dirty Donny* is awfully damn liberal

with our tax money.

* aka republican Draft-Dodger-in-Chief

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Response to demmiblue (Original post)

Tue May 21, 2019, 03:48 PM

13. Something you won't hear from a Trump-country farmer: Rejecting Donald's socialism.

Something you won't hear from a Trump-country farmer:
Rejecting Donald's socialism.

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Response to keithbvadu2 (Reply #13)

Tue May 21, 2019, 04:28 PM

18. That cartoon is probably 99.99999999999999999999999999999999% accurate.

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Response to demmiblue (Original post)

Tue May 21, 2019, 03:54 PM

15. The real welfare queens are & always have been corporations. nt

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Response to demmiblue (Original post)

Tue May 21, 2019, 04:25 PM

17. Tax paid buyoff for tRump's base. . . . nt

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Response to demmiblue (Original post)

Tue May 21, 2019, 04:33 PM

19. What bullshit.

Where are the subsidies for other businesses affected by his stupid tariffs?

End all agricultural subsidies...NOW.

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Response to demmiblue (Original post)

Tue May 21, 2019, 04:53 PM

20. But, teh socialism!

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Response to demmiblue (Original post)

Tue May 21, 2019, 06:21 PM

22. TOTAL BULLSHIT

Worst people on earth right now! The whole tRUMP family with the RETHUGS behind them!!!

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Response to demmiblue (Original post)

Tue May 21, 2019, 06:35 PM

23. Is Trump going to subsidize consumers who will

be forced to pay more for the goods they buy?

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Response to demmiblue (Original post)

Tue May 21, 2019, 07:02 PM

25. Trump bragged about being the #Tariffman--it is the Trump trade war!!

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Response to demmiblue (Original post)

Tue May 21, 2019, 07:05 PM

26. Farmers welfare - Don't ever let me hear these rednecks talk about welfare queens again.

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Response to demmiblue (Original post)

Tue May 21, 2019, 10:00 PM

28. Oddly the aid excludes food made mainly in California

It does not help those growing nuts and fruits. California is getting clobbered by Chinaís sanctions on those. It does help those growing soybeans and other crops grown mainly in red states.

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Response to demmiblue (Original post)

Tue May 21, 2019, 11:58 PM

29. So now we pay farmers with our taxes

Because Trump charged money to China which we will pay by paying farmers and higher prices for goods.

Tell me how that helps Americans?

I donít see how it helps even Trumps buddies.

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Response to demmiblue (Original post)

Wed May 22, 2019, 02:00 PM

30. This will not maga!

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