Farmers Weigh-In On Trade Aid Rumors

May 22, 2019 01:10 PM
 
Fueled by speculation, ambiguous media reporting and vague statements from USDA, nobody really knows what the package will include. 

Rumors about what the most recent trade aid package will include are running rampant through farm country. Fueled by speculation, ambiguous media reporting and vague statements from USDA, nobody really knows what the package will include. 

While some farmers indicate they’re waiting for aid package details before planting their crops, most are rained out of the field. Still, USDA continues to urge producers to plant crops as they normally would without allowing the aid package to influence their decisions. 

Producers remain skeptical. Here’s a handful of comments left on recent trade aid stories:

“I would never trust the USDA, or Trump, in making my planting or projection decisions. I'm 76 yo and the govt has always been my biggest fears when it comes to farming.” – Bob, Kansas

“Of course, USDA is going to debunk the plan of payment during planting season. With late May corn planting looming, a plan to pay $2/bu for beans would encourage a lot of switching to beans and massive buildup of stocks. People that keep parroting Trump's "fake news" need to use their brains a little more and evaluate what they are reading. I will bet that USDA definitely has a plan, but they will not release it until this summer when planting cannot be skewed by it.” – Steve, Missouri

“The USDA has had plenty of time to put together a farm aid program and should have had one out before farmers had to make decisions on growing season. Now, besides the Trade War we've got mud fields to content with.” – James, New Mexico

“Way to go Sonny. Let's encourage growers to plant more beans by announcing a payment during the planting season. Sheer brilliance! With virtually no chance for a resolution on trade, beans will have $6 on the lead month by harvest.” – Kevin, Wisconsin

“Corn growers weren't the only ones short changed. Dairy farmers got a penny a gallon after Mexico's retaliatory tariffs wiped out sales there. Mexico was the largest importer of U.S. cheese, but Trump put an end to that.” – Ann, Vermont

“Guess it really doesn’t matter when there won’t be any grain to sell anyway guess the man upstairs is a little more powerful no beans planted within hundreds of miles of us and very little corn planted and what is planted is all under water so basically no bushels at all to report around here.” – South Dakota farmer

“What exception will be made for prevent plant acres? A paid set aside would be more logical. Right now, I'd consider soybeans for that payment and I've never raised them before.” – Fred, Nebraska

 

RELATED CONTENT:

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

USDA Calls Bloomberg Trade Aid Story “Inaccurate”

Signal to Noise: Crafting Tariff Aid Without Distorting Markets

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Comments

 
Spell Check

Elle
Derby, KS
5/22/2019 09:29 PM
 

  The USDA is encouraging over production by telling you to keep planting. Overproduction = low prices. This is why were in the shitter now. Set a side = high prices. www.afairmarketprice.com

 
 
Richard
Olton, TX
5/22/2019 09:39 PM
 

  And use what for payment Kevin? Fake money or an IOU? The US is so deep in debt we could easily become a 3rd world country. You better learn to handle your own finances because the government isn’t going to help you. Farmers as a group have to stop overproduction.

 
 
Hard Rock
Columbia, MO
5/23/2019 12:07 AM
 

  Ok lets look logical at the problem here supply/demand. If the government wants to HELP the Farmers thendevise a plan siilar to the old set aside program. 2.oo abushel is roughly 120/150 an acre for beans so almost every farmer has fed crop insurance so go off the proven 5 yr avg or 2 year avg and allow for full indemnity +the 2.00 per bu on the 2yr avg so that everyone can participate and it would be generous and fair to every farmer planting a crop affected by the lack of exports and the over production will go away and next year the payments would not be needed machinery would be less worn out and the ag community could survive. Just my thoughts. How about yours. ?

 
 

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