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Title: Farmers Union VP: “We Lost Pretty Much All Our Markets Since Trump Took Over”
Source:
SHTF Plan
URL Source: https://www.shtfplan.com/headline-n ... since-trump-took-over_09042019
Published: Sep 4, 2019
Author: Mac Slavo
Post Date: 2019-09-05 09:48:06 by Deckard
Keywords: None
Views: 1741
Comments: 13
Farmers, who were the backbone of President Donald Trump’s election in 2016 are increasing becoming angry with the ongoing trade war that’s killing their industry. The vice president of the farmer’s union said: “We lost pretty much all of our markets since Trump took over.” According to Newsweek, farmers have already been suffering the repercussions of the trade war and tariffs since the beginning of August when China, the fourth largest export market for American farms, suspended all purchases of United States agricultural products in response to the tariffs’ announcement. North Dakota wheat farmer Bob Kuylen provided an example of the trade war’s effect on American agriculture, citing $400,000 in losses since Trump took office. Speaking to MSNBC, Kuylen said farmers like him have lost almost everything since Trump’s election. “Older guys like us, we built up equities all our lives. Most farmers are land-rich and cash-poor, so we’ll take out loss loans and stuff against our land and go backwards on the land that we paid for. But there’s a lot of young farmers out there who don’t have equity and I worry about them because they’re not going to be able to withstand this.” Since 2017, revenue from Chinese agricultural exports dropped by more than half, from $19.5 billion to $9.2 billion in 2018, according to the U.S. Department of Agriculture figures. The USDA also found that farm income has dropped 45 percent over the same period. According to the American Farm Bureau, farm bankruptcies have increased 13 percent since 2018. –Newsweek Farmers are losing patience with the trade war, as they have become the main casualties. Farmers Are Becoming Increasingly Angry And Blaming Trump For Recent Struggles Kuylen, who is also the vice president of the North Dakota Farmers Union, which has more than 50,000 member families, described his own farm’s dire situation. Formerly, Kuylen could expect “up to a dollar bonus” on the high protein wheat crops he sold to Asain markets, but the additional margin has shrunk to five cents. “We’re losing by harvesting a little bit above average crop right now,” Kuylen told MSNBC, citing a per acreage cost that now exceeded the depressed prices he would earn in returns. “One of my young neighbors told me the other day his banker said if wheat doesn’t hit $4.50, there’s going to be a bloodbath this fall,” Kuylen said. “It’s not looking good for farmers at all.” The Trump administration has tried to mitigate some of the damage with a $16 billion direct aid package to farmers, complete with $14.5 billion going to cash payments and $1.4 billion in bulk purchases by the government. However, a review by the Environmental Working Group, an advocacy organization best known for promoting organic foods, found that more than half of payments made to U.S. farmers went disproportionately to the largest farms, with the top one percent receiving an average of more than $180,000, while 80 percent of subsidized farms were given less than $5,000.-Newsweek 
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#8. To: Deckard, Tooconservative (#0)
I can't find a lastest poll of farmers on PDJT except that 61% support tariffs on China. I see that Tooconservative has already exposed the Farmer's Union stooge, so I'll just place this here: Latest poll from donaldjtrumppolls.com OFFICIAL ONLINE NATIONAL DONALD TRUMP POPULARITY POLLS UPDATED IN REAL-TIME Live, up-to-the-minute Donald Trump Popularity Polls From 50 States He's Doing a Great Job 128,509 Votes (81.61%) He's Doing 'OK' 17,262 Votes (10.96%) He's Doing Pretty Bad 11,694 Votes (7.43%)
#9. To: WWG1WWA (#8)
Trump's policies have hurt farmers some, there's no denying it. OTOH, he still has fairly high support with farmers (unless they're losing money badly) because Trump is trying to knock down trade barriers with persistence. I think they're willing to take the hit for a few years if it will mean that ag exports finally stop being the first thing other countries restrict or impose tariffs on. At a certain point though, some farmers will feel that voting for Trump is voting themselves out of business. But they also know that Trump is right on ag exports and how other countries have discrimated against American ag products. If things turn downward hard enough in the farm sector, Trump could be defeated by small numbers of votes switching to Dem or just staying home in ag states like Iowa. Or ND or others. Trump is feeling the heat on ag more than on anything else. It is among the greatest threats to his re-election.
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