the new federal farm aid (subsidy) program....

dragon bait

Finfinder said:

dragon bait said:

Finfinder said:

because no one wants to pay $20 for a loaf of bread 

But I thought less demand meant lower prices, 

why would you think that ?

Who was it said

" Either way I personally want cheaper commodities prices because that will mean cheaper inputs which will be shown in prices to our domestic consumers. "

Finfinder

dragon bait said:

Finfinder said:

dragon bait said:

Finfinder said:

because no one wants to pay $20 for a loaf of bread 

But I thought less demand meant lower prices, 

why would you think that ?

Who was it said

" Either way I personally want cheaper commodities prices because that will mean cheaper inputs which will be shown in prices to our domestic consumers. "

Yea I said that.  But what does that have to with your incorrect logic.  

Less demand does not mean cheaper prices  for one thing.   Less demand would lead to less supply.     Were talking commodities right because you can't grow a loaf of bread ?  

Of course you like paying higher feed costs for your goats.  

Big Battery

frank said:

surfman said:

Farmers have been getting bailed out for many decades. Noting new here.

Not like this, not using FDR's New Deal style programs to repair damage inflicted by our own federal government 

Seems like a temporary hedge until the tariffs change minds in China, Canada and the EU.

Bimini Twisted

Big Battery said:

frank said:

surfman said:

Farmers have been getting bailed out for many decades. Noting new here.

Not like this, not using FDR's New Deal style programs to repair damage inflicted by our own federal government 

Seems like a temporary hedge until the tariffs change minds in China, Canada and the EU.

Don't worry, the $12 Billion is socialism is only temporary. 

cadman

Finfinder said:

because no one wants to pay $20 for a loaf of bread 

Huh? The issue is farm goods going to other countries. This would not raise the price of bread here, 

The farmers have crops and goods they can't sell overseas because the price there would be too high with the tariffs attached. Those countries are importing from someplace else. 

cadman

mustang190 said:

Don’t mean to derail the thread but, why is it that the EU, China and about every other country on the planet have high tariffs, duties and out right bans on American goods and services. But if we put a paltry tariff on an import were the bad guys and destroying world trade??
 We’re any of you ever in the military overseas? Remember the ration cards and what they were for??

Could you be specific which Tariffs (before this trade war) that you feel are too high  and which goods are being banned?

Cyclist

Seems like they are subsidizing all the nasty GMO grains that get sprayed with glyphosates.

https://www.ecowatch.com/why-is-glyphosate-sprayed-on-crops-right-before-harvest-1882187755.html

Ruff One

Soybean  and corn farmers here in Missouri have been working for almost 20 years trying to establish over seas markets and now export almost 85 percent of their products to China, Mexico and Canada. Soybean futures in Quincy Ill. are at 7.80 a bushel. It takes 10 dollars to break even. Farmers are not happy. Total export amounts to 58 billion a year. I wonder who will share in 12 billion, shared in all the states who produce soybeans. Last time we played tariff games(Russia was our adversary), a lot of farmers lost their farms. Again farmers are not happy. 

mustang190

cadman said:

mustang190 said:

Don’t mean to derail the thread but, why is it that the EU, China and about every other country on the planet have high tariffs, duties and out right bans on American goods and services. But if we put a paltry tariff on an import were the bad guys and destroying world trade??
 We’re any of you ever in the military overseas? Remember the ration cards and what they were for??

Could you be specific which Tariffs (before this trade war) that you feel are too high  and which goods are being banned?

Canada has over 100percemt tariffs on some American ag products. 
 Try to import rice to Japan. Just to name a couple. Are you saying that until a couple of months ago all these countries had no tariffs on American goods?
 One day I will explain to you the ration cards. 

Big Battery

cadman said:

Finfinder said:

because no one wants to pay $20 for a loaf of bread 

Huh? The issue is farm goods going to other countries. This would not raise the price of bread here, 

The farmers have crops and goods they can't sell overseas because the price there would be too high with the tariffs attached. Those countries are importing from someplace else. 

China needs to buy soybeans and we are their main source. They will continue to buy them from us. They cant grow enough at home and Brazil cant produce enough to replace ours.

mustang190

Big Battery said:

cadman said:

Finfinder said:

because no one wants to pay $20 for a loaf of bread 

Huh? The issue is farm goods going to other countries. This would not raise the price of bread here, 

The farmers have crops and goods they can't sell overseas because the price there would be too high with the tariffs attached. Those countries are importing from someplace else. 

China needs to buy soybeans and we are their main source. They will continue to buy them from us. They cant grow enough at home and Brazil cant produce enough to replace ours.

Wait for it. He will show us a stat that Brazil out produces the US in all commodities. 
 I guess all they need to do is clear more jungle?

cadman

Big Battery said:

cadman said:

Finfinder said:

because no one wants to pay $20 for a loaf of bread 

Huh? The issue is farm goods going to other countries. This would not raise the price of bread here, 

The farmers have crops and goods they can't sell overseas because the price there would be too high with the tariffs attached. Those countries are importing from someplace else. 

China needs to buy soybeans and we are their main source. They will continue to buy them from us. They cant grow enough at home and Brazil cant produce enough to replace ours.

My comment was it doesn't make bread here $20 a loaf. It effects what those buying soybeans in China pay for soybeans.

Why are farmers complaining if China is still buying Soybeans?

ferris1248

Because they are buying them from Brazil instead of the US.

cadman

mustang190 said:

cadman said:

mustang190 said:

Don’t mean to derail the thread but, why is it that the EU, China and about every other country on the planet have high tariffs, duties and out right bans on American goods and services. But if we put a paltry tariff on an import were the bad guys and destroying world trade??
 We’re any of you ever in the military overseas? Remember the ration cards and what they were for??

Could you be specific which Tariffs (before this trade war) that you feel are too high  and which goods are being banned?

Canada has over 100percemt tariffs on some American ag products. 
 Try to import rice to Japan. Just to name a couple. Are you saying that until a couple of months ago all these countries had no tariffs on American goods?
 One day I will explain to you the ration cards. 

The problem is you can't just zoom at one or two items. The U.S. has a 350% tariffs on some tobacco imports, 

The average tariff on all goods going to Canada is 3%. The average for the U.S. is 2.9%. China is high at 7.9%

https://data.worldbank.org/indicator/TM.TAX.MRCH.WM.AR.ZS

https://www.wto.org/english/res_e/statis_e/statis_maps_e.htm

There are bigger issues than Tariffs for most U.S. goods

https://money.cnn.com/2018/06/07/news/economy/trump-tariffs-trade-us-eu/index.html

mustang190

Tobacco imports??? That should shape the trade negotiations!
 your right about the protection policies and that is the bigger issue. The reason Japan will not allow American rice imports for example. 
 By the way, carry a carton of Winston’s or Marlboro overseas and see what favors and friends you make by offering a pack to them. 
 

Angler719

https://www.cnn.com/2018/07/25/politics/trump-juncker-tariffs-trade/index.html

Finfinder

cadman said:

Finfinder said:

because no one wants to pay $20 for a loaf of bread 

Huh? The issue is farm goods going to other countries. This would not raise the price of bread here, 

The farmers have crops and goods they can't sell overseas because the price there would be too high with the tariffs attached. Those countries are importing from someplace else. 

We spend as American very little percentage of our incomes to feed ourselves. That what I was alluding too. 

Cry a river about the grain farmers they have been raking it in for a long time now.  People seem to forget there are other types of farms (ethanol) that consume commodities like corn and soybeans and the Chinese compete to buy it.   We all of a sudden care about the soybean farms but not the dairy farm ???  Farming is a risky business.  Funny thing is all these grain farms should be short the Futures.  They should be hedged there are tools for them to limit risk.  You guys think they just throw soybeans in the ground and sell them in November when harvested. Its a lot more complicated than that the Chinese are just 1 of many customers.    BTW commodity price are derived world supply and demand balance sheets.  

frank

the new program is not being well received by the farmers 

https://www.politico.com/story/2018/07/26/farm-groups-anti-tariff-blitz-trade-aid-711958

The nonprofit group, which is backed by the American Farm Bureau Federation and major commodity groups like the National Pork Producers Council, is investing $2.5 million in the four-month campaign aimed at showcasing how the tariffs are causing pain among U.S. farmers and manufacturers because of Trump’s trade policies.