China pays its farmers 10$/bu for wheat...

[TOM4CWB]

From RRFN:

Chinese Wheat Subsidies Cost U.S. Farmers — Iowa State University ag economist Dermot Hayes has updated his 2015 study that showed that China’s excessive wheat subsidies alone were costing U.S. farmers almost $550 million per year. Now, Hays says the decline in world prices has increased the projected annual loss in U.S. wheat farm revenue from China’s policies by 16 percent, to $653 million. A separate study in 2014 showed that China effectively pays its farmers a minimum procurement price of over $10 a bushel for wheat and subsidizes input costs.
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[cottonpicken]

There's a guy that needs a kick in the teeth. Hypocracy at its finest

[ajl]

Little wonder why China is swirling the bowl these days.

[wmoebis]

Thinking instead of sending delegations over there to promote our products we should be sending delegations to learn how to get a decent price to producers and how to convince government to subsidize inputs like they do.

[farmaholic]

Do we need anymore over produced commodities in Canada? Higher grain prices or lower input prices will promote overproduction.
They have a vested interest in becoming self sufficient.

Importer versus Exporter.

[tweety]

But when you only have 0.6 ha, the per farmer payment is quite low.

[bucket]

It's simple. .. just go to a country that actually values its farmers.

Canada doesn't. ... never will.

[sawfly]

good for them.
hypocrites is right.
how can anyone can not understand a poorer
country wanting food security.

there is an old documentary where it showed where Jamaica used to have a dairy industry. then the US govt. dumped powdered milk on them till the dairy's went out of business.
now they are a non producer captive market.
if the the US is in excess , they become a dumping ground.
if the US is short , then the prices go thru the roof.