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Honored Advisor

Re: Farmers need to be asking themselves.....

I doubt there`s a serious case that beans would be $12 today even if Hillary won.

See in a 45 year history beans have only been above $12 for just a few month stretch. 

Image result for 5 year soybean price chart

Advisor

My question still is

Where did the rest of the $16 Billion go?

 

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Honored Advisor

Re: My question still is

Prevent plant claims and yield losses that are coming with harvest are going to be record setting.

U know the gov't backstops the losses.

 

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Frequent Contributor

Re: My question still is

$16 billion in 3 installments (or tranche), consisting of

A) $14.5 billion in direct payments to producers

B) $1.4 billion Food Purchase and Distribution Program (FPDP) 

C) $100 million to be issued through the Agricultural Trade Promotion Program (ATP) 

....only the 1st tranche is guaranteed

https://www.usda.gov/media/press-releases/2019/05/23/usda-announces-support-farmers-impacted-unjusti...

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Senior Contributor

Re: My question still is

what a scam 15$ an acre?  Lol this administration is hilarious by far the biggest embarrassment in American history.

Honored Advisor

Re: My question still is

When the farm bills get written, it`s the corporations that show up and interject THEIR input, General Mills, Smithfield, JBS, even the AARP.  But those of us that live under the 5 year farm bills aren`t involved, we say "Git the government outta farming!  I got hay to cut!".   Well, garbage in, garbage out, now when some of us could use the safety net aspect of a farmer friendly farm bill, it ain`t there, so now it`s slapping Bandaids on issues. 

If someone wants "the government outta farming" that`s fine, but don`t complain then about "$15" because I got news for you the government was, is and always will be involved in agriculture.  It`s just do you want a few carrots in between the beatings with the stick?

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Frequent Contributor

Re: My question is

Lets see 1000 acres of hay @ $15 per acre that's $15,000 for something  that was never effected by the trade war.  Nope I guess its not about buying votes. 

However us poor shmucks  that planted soybeans on time in the few times the conditions were good are not going to do hot at $15 per acre even if they double that with two more $7.50 payments.  Fifty bushel beans that's 60 cents per bushel should have planted oats they were covered and the straw is bringing $5 per small bail.

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Honored Advisor

Re: My question is

The fact that soybeans have only spent a few months above $12 / bushel over time proves that they have been and still are a bargain to those that make millions on the backs of the American farmer.

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Contributor

Re: My question still is

Start looking yourself in the mirror......subsidies are not socialism?  I bet some in Congress see this as a hand out.     This question and statement is from a large farmland owner (me)....been on many trade mission trips to China in the past encompassing 15 years but not in the last 2 years....  I have contacts in high ranking government Ag officials and Ag business  in China...and I guarantee you, there is are NO trade talks what so ever!   Trump is lying to the Ag sector about promises....China said as such, no promises made after the last meeting with Chairman Xi.  

One time my father had me cultivate some corn many years ago....yes if any one can remember doing that..LOL....and I covered up a lot of corn by being inattentive.   My dad asked me what I was going to do about it....my response...have Jim (our worker) walk the rows and straighten up the corn.   My dad was pissed....in short...."you screw it up...you fix it!!"   That is what we should be telling Trump.....Cry all you want about Democrats, socialism...etc....I am a life long Republican.   I see the writing on the wall.   Yes be bullheaded but it will not go anywhere....I do hope things will work out..but I only give it a 90% chance of no...and 10% of yes.   Remember....China business and people have soured with the rhetoric about the trade war...they are being told the United States is making food more expensive for them......face it;  their people are lied to also...look at the current situation in Hong Kong and censorship policies.   Short advice...go to China...see what is going on....see how they live.....get to know the people.  It will be an eye opening experience!!   The government and people are convinced that China is the strongest country in the world now and NOT the United States.  Much different than 5 years ago.  If Washington thinks it can change the culture and political system in China, forget it.....this what the Chinese think that the United States is trying to do.       

So a few months ago that Trump met with Ag leaders and instead of thanking us for being Patriots...etc....it turns it into a political circus on other issues.  He does not care about us farmers....and I am still waiting for him to visit a farm yet, to show his concern, or even visit a state fair cattle show, hog show...etc... 

Tired of the promises......It is sad for the hard work done by some great individuals and concerns to get exports to China in increasing grain export tonnage in 15 years and have them disappear in a 15 second tweet and tariff threat.

Honored Advisor

Re: My question still is

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