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Most of Trump’s U.S. farm aid goes to wealthiest farmers

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    Most of Trump’s U.S. farm aid goes to wealthiest farmers

    https://www.manitobacooperator.ca/news-opinion/news/most-of-trumps-u-s-farm-aid-goes-to-wealthiest-farmers/?module=under-carousel&pgtype=homepage&i=

    Most of Trump’s U.S. farm aid goes to wealthiest farmers
    The top one per cent of aid recipients received an average of more than $180,000

    By Humeyra Pamuk
    Published: August 13, 2019
    News
    According to a recent study, the biggest and most successful farmers benefitted the most from President Trump's support package to help counter the financial pain felt by the U.S./China trade war.

    Reuters – More than half of the Trump administration’s $8.4 billion in trade aid payments to U.S. farmers through April was received by the top 10 per cent of recipients, the country’s biggest and most successful farmers, a study by an advocacy group shows.

    Highlighting an uneven distribution of the bailout, which was designed to help offset effects of the U.S.-China trade war, the Environmental Working Group said the top one per cent of aid recipients received an average of more than $180,000 while the bottom 80 per cent were paid less than $5,000 in aid.

    The EWG, a Washington-based non-profit, said it obtained data from the U.S. Department of Agriculture through Freedom of Information Act requests for its research, the results of which could not be independently verified by Reuters.

    The Trump administration last year began rolling out federal aid for farmers to compensate for lower farm good prices and lost sales after Washington’s trade dispute with China wiped out a key export market for U.S. agricultural goods.

    The first round of aid, announced in 2018, was up to $12 billion. The second round, unveiled last month, involves up to $16 billion and $14.5 billion of that is direct payments.

    U.S. farmers, a key constituency of President Donald Trump, have been among the hardest hit in the year-long trade war between the world’s two largest economies. Shipments of soybeans, the most valuable U.S. farm export, to top buyer China sank to a 16-year low in 2018.

    “Farm bailout payments designed to offset the impacts of President Trump’s trade war have overwhelmingly flowed to the largest and most successful farmers,” EWG said in a statement.

    It said the first round of payments had been linked to crop production, favouring the biggest producers of certain crops. The second round, rolled out last week, would further favour big farms because it was designed to pay per acre, EWG said.

    “The bigger the farm, the bigger the government cheque,” it said. A USDA spokeswoman said aid payments were made based on a producer’s individual production. “The more acres they farm and bushels per acre they produce — the more assistance they receive,” she said in emailed comments.

    The new round also increased the maximum amount of aid per individual or legal entity to $500,000 from $125,000 in the package last year.
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    #2
    What's the point?????


    ...Canadian farmers are getting nothing....

    It's good for the economy ....direct payments go into the economy....


    And keep farms going forward...

    If you don't agree...send the money back and then tell all the middleman industries to send theirs back as well...

    Shortline railways received 12.5 million...

    Morris industries received 1.5 million....


    The protein guys are chewing on a billion dollar fund...

    150 million to graincos for export insurance so they can redirect their product through the UAE....

    None are helping farmers

    Comment


      #3
      Hello Captain Obvious. What did you think a payment based on acres or bushels would result in?

      Those that farm the most acres or produce the most bushels get paid the most.

      Comment


        #4
        he has extreme difficulty with the very simplest of matters

        Comment


          #5
          Dah chuck you just don’t get it. Making every one equal was the CWB way. We were all broke. This is a acreage payment in the USA not canada so if you farm 10000 acres you get a set amount. Similar if you farm 100 acres you don’t get what the 10000 acre farmer gets.

          Wow those cwb days really mild the mind

          Comment


            #6
            Anything that confirms the bias in relational thinking.

            Comment


              #7
              100% of sockboys MFP payment goes to dairy.

              Comment


                #8
                "the top one per cent of aid recipients received an average of more than $180,000 while the bottom 80 per cent were paid less than $5,000 in aid."

                80 percent of farms got only $5000 or less out of the April payment. If $5000 makes much of a difference on your farm then you are in trouble already.

                The solution is not to have Trump borrow more money and pay farmers compensation from taxpayers.

                The solution is to stop making the trade war with China worse.

                Trump rolled back the idea of higher tariffs in September on Chinese electronics and consumer items citing the impact on prices for Christmas shopping! LOL

                But didn't Donald say China pays the tariffs! LOL

                As the global economy heads into recession and commodity prices and stock markets fall even farther you can thank Donald for his erratic and illogical behavior and for making America great again at everyone else's expense!

                Comment


                  #9
                  Hey, CWB Chuck, the Guys that grow a few acres of Soy aren't hurt as bad as the guys with thousands of acres. Wake up the CWB didn't work, and your theory doesn't make any sense.

                  Or like the NDP one putz is the same as the other. Were all equal solidarity forever. But the top dogs still get fed.

                  Comment


                    #10
                    Chuck

                    I didn't vote for trump....did you....

                    Maybe it's time for Trudeau to take his panties (BTW I hate that word...to me its worse than f***)
                    off and put some big boy pants on....

                    Comment


                      #11
                      The average farm size in the USA is 444 acres so it’s not hard to believe the the 30,000 acre guys got a big check.

                      Some of the states the average farm size is barely 50 acres and a $5000 dollar check is probably a pretty big deal, I’m running a little less than 3000 acres and an extra five grand would be pretty special around here.

                      Comment


                        #12
                        Again chuck only telling half the story .....
                        one that fits his one sided story on near everything he posts on here .

                        Comment


                          #13
                          Would it be better to hobble the most successful farmers till the most unsuccessful ones finally catch up?

                          How do they track how much each farm gets in Gov't money in the US?
                          Amazingly it's on the web!
                          Good thing we have that kind of transparency in Canada. /sarc

                          https://farm.ewg.org/top_recips.php?fips=00000&progcode=total&yr=2018&r egionname=theUnitedStates https://farm.ewg.org/top_recips.php?fips=00000&progcode=total&yr=2018&r egionname=theUnitedStates

                          Comment


                            #14
                            I don't think taxpayers should be bailing out big farms in Canada or the USA.

                            Target the limited support to medium or small farms.

                            Improve the safety nets and keep politics and ad hoc payments out of the mix as much as possible.

                            Don't complain about falling commodity prices and trade issues and then go on to support Trump. He is a big part of the reason this is happening.

                            Scheer will not be able to influence China or the USA.

                            Comment


                              #15
                              Some people don't understand....if big farmers get a big payment ..that cash move through the economy fast....

                              If a guy buys a new combine with it ( I don't care ) it means there is probably a good used one and it trickles through to the small guy with 50 acres that can upgrade as he has always done...a good used 4 th owner combine...

                              People have to start understanding the value of payments especially when the market is screwed up by things out of our control...

                              You could be growing a 50 bpa canola crop and by the time its all done with black swan events whether by Trump or the unethical moron in Ottawa you could be losing money through no fault of your own...

                              Tell your grandparents that built the farm with 20bpa 50/50 farming that a 50 bpa canola crop isn't making money...

                              I think people have lost grasp of reality when they think farmers are making money this year...

                              When a 70 year old- farm paid off - farmer told me this spring they would go through the motions ...I should have heeded the warning... it won't be a money maker...

                              Comment

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