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View Full Version : Dairy farmers ask for more aid as tariffs wipe away $1B in profits




Origanalist
11-01-2018, 01:06 PM
Impact of Trump's deregulation push on America's farmers

U.S. dairy farmers who were caught in the middle of President Trump’s escalating trade war with several countries this summer are pleading for more cash as the tariffs have cost them more than $1 billion in profits since May.

In a letter sent to Agriculture Secretary Sonny Perdue, the National Milk Producers Federation’s chairman and dairy farmer Randy Mooney said the first round of subsidies issued in August has done little to compensate for lost sales and lower milk prices.

“We are ever-grateful for your advocacy on agricultural trade, which is crucial to the economic health of our industry,” wrote Mooney, who operates Mooney Dairy in Rogersville, Missouri, with his wife, Jan. “However, our members are greatly concerned about the level of aid that was provided in the initial effort.”

While the USDA has made more than $4.7 billion available to farmers, starting in September, and has bought $1.2 billion worth of surplus food, the $127 million of that which has been allocated for dairy farmers would only pay such farmers 12 cents per 100 pounds of milk, on half of this year’s production, which is simply not enough.

“Based on the analyses outlined above, this falls far short of the losses dairy producers have faced,” Mooney added, noting that estimates show that farmer losses from the tariffs will notably exceed $1 billion in 2018 and significant income losses will continue if they stay in place.

https://www.foxbusiness.com/features/dairy-farmers-ask-for-more-aid-as-tariffs-wipe-away-1b-in-profits

Jamesiv1
11-01-2018, 01:10 PM
Dairy industry is evil. Fug 'em.

Swordsmyth
11-01-2018, 02:07 PM
"Welfare Queens Want More Welfare"

TheTexan
11-01-2018, 02:13 PM
Maybe I should apply for my businesses to receive additional profit from the government

Brian4Liberty
11-01-2018, 02:31 PM
Are the tariffs stopping them from exporting product? They should just lower prices if a tariff has been increased, and keep the end price the same. Or dump product on other nations for free. That will show them. ;)

Brian4Liberty
11-01-2018, 02:33 PM
Oh yeah, I forgot. We are talking about price fixing, central planning, and crony corporatism. Free market solutions are not allowed.

Origanalist
11-01-2018, 03:44 PM
"Welfare Queens Want More Welfare"

/ thread

euphemia
11-01-2018, 03:48 PM
Oh yeah, I forgot. We are talking about price fixing, central planning, and crony corporatism. Free market solutions are not allowed.

This. We can expect the prices of several things to go up at the point of sale. The reality is we have always been paying that much, or more for the goods. It’s just that many of those costs have been hidden from us in the form of price supports.

Other government regulations do not allow the consumer to purchase milk directly from the farmer. It might be a lot cheaper if farmers were allowed to market their milk directly to the consumer in the form the consumer wants it. There is a market for raw milk, for example, which is not allowed.

oyarde
11-01-2018, 03:49 PM
Personally , I do not care about dairy industries . I have bourbon .

nobody's_hero
11-01-2018, 04:11 PM
Personally , I do not care about dairy industries . I have bourbon .

I've solved the issue by doing my part to assist both the dairy and the bourbon industries hit by tariffs. I've developed a mixed drink that is 99% bourbon and 1% milk.

PierzStyx
11-01-2018, 04:11 PM
Impact of Trump's deregulation push on America's farmers

U.S. dairy farmers who were caught in the middle of President Trump’s escalating trade war with several countries this summer are pleading for more cash as the tariffs have cost them more than $1 billion in profits since May.

That whole article is incomprehensible nonsense.

Raising taxes is deregulation?

What sort of drugs are these people on?

Here is what has really happened.

In order to create an expansive welfare program for those businesses which the President favors he has increased taxes on the entire American population and driven up the basic costs of living and operating on everyone. He has then sought to fix this problem by handing out billions of dollars in welfare checks to others in order to maintain their subservience. He is taxing more and spending more than any President in the last two decades.

He is essentially stealing economic plays directly from FDR's Socialist playbook.

This isn't deregulation. Nor is it a freer market. It is the exact opposite.

spudea
11-01-2018, 04:17 PM
tax cuts and doubled the estate tax exemption wasn't enough for these greedy capitalists

euphemia
11-01-2018, 05:04 PM
The difference between tax and tariff is who is paying it. Tariff shifts it to the people who are retailing it. Tax is paid by the consumer, and maybe not at the point of sale. The consumer pays taxes per income and whatever to support a higher price for milk. Then the consumer is taxed again at the point of sale. That’s how it works in Tennessee, anyway.

TheCount
11-01-2018, 05:07 PM
Oh yeah, I forgot. We are talking about price fixing, central planning, and crony corporatism. Free market solutions are not allowed.

Is it unreasonable to hope that government would solve a problem that government created?

euphemia
11-01-2018, 06:45 PM
Is it unreasonable to hope that government would solve a problem that government created?

This is supposed to be a fix. If you read outside the MSM, some farmers a hoping for better profits once the dust settles.

devil21
11-01-2018, 07:56 PM
I guess this explains why a couple days ago there was a CNBC 'news' segment about how eating cottage cheese before bed is good for you :rolleyes:. Even the anchors were befuddled by the 'news' they're paid to disseminate.

They simply forgot to add the "This message brought to you by the Dairy Farmers Association" at the end of the segment.

The biggest recipient of the first round of "tariff aid" from Trump was Smithfield Farms, a Chinese owned pork producer. WINNING

TheCount
11-02-2018, 04:23 AM
This is supposed to be a fix. If you read outside the MSM, some farmers a hoping for better profits once the dust settles.

Corporate welfare is not a fix.