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Trump Tanking Agriculture, Squandering Economic Momentum Inherited from Obama

Donald Trump’s trade policy is causing a “collapse in corn and soybean prices.” In remarks in Fargo last night, Trump offered this intelligent and detailed explanation of how his policies will improve farmers’ economic outlook:

And in a state where agriculture is an economic powerhouse and farmers are nervous about the impact of a trade war, Trump urged patience.

“So we have things cooking now, you’re going to be so happy. But when people rush it, it’s like rushing the turkey out of the stove,” he said. “The more they rush the worse it’s going to be. The longer we take, the better. Your farmers, your people are going to be great” [Dan Gunderson, “Trump Rallies in Fargo, Drumming up Republican Support for ND Senate Seat,” MPR News, 2018.06.28].

Folks milking cows can’t take their time—tariffs and lower prices are clobbering dairy farmers right now:

Mexico buys nearly a quarter of all dairy products exported by the U.S., and the American dairy industry is reeling from $387 million in Mexican tariffs — of between 15 and 25 percent — on cheese.

Hardin, who has been in the industry for decades, says the price that farmers receive for their milk could sink even lower than it is now — putting many farms already in trouble out of business.

“We are looking at a short-term washout of 20 percent of Wisconsin dairy farm milk income on a monthly basis. That’s how dangerous this mess is,” Hardin said.

“However you want to extrapolate the wider economic impact of a $75 million a month drop in Wisconsin dairy farm revenue, it’s painful” [Rick Barrett, “Already in Trouble, Wisconsin Dairy Farmers Getting Hammered by Tariffs,” Milwaukee Journal Sentinel, 2018.06.27].

The Chinese Academy of Agricultural Sciences says China may import 50% less soybeans, cotton, beef, and cereal from the U.S.

Duncombe, Iowa, farmer Ryan Mickelson isn’t reassured by Trump’s words:

“The farm economy is not good right now at all as we all know and if something don’t change, there is going to be a lot of farmers going bankrupt,” he said as steered his pickup truck down the gravel roads, throwing up a fine trail of dust behind him. “Something has to change and something’s got to change fast. Trump promised and said nothing is going to happen to us farmers but since this came out and tariffs took effect we’ve seen nothing but a dive in the markets” [Ben Jacobs, “The Iowa Farmers on the Frontline of Trump’s Trade War with China,” UK Guardian, 2018.06.27].

Ag was already suffering from lower prices before Trump started ripping out the wires of global trade. But I wonder: did Trump try to create an artificial and ill-timed bubble of economic stimulus just so he’d have room to wreak this much havoc on farmers and the rest of our economy?

Todd Buchholz, former White House economic advisor under President George H.W. Bush, believes timing is key for the Trump administration.

He told “Closing Bell” on Monday that the White House is probably thinking “if you can’t take on China now — when the economy is growing at 4 percent, when unemployment is nearly at record lows — when will you have the wherewithal to do that?”

“Does it take a toll on the economy? Yes. Does it take a toll on the market? Yes,” he added.

However, Trump is someone who made his name in real estate and reality TV programming, said Buchholz, now CEO of educational start-up Sproglit.

“He knows a lot about game theory and this is a game he’s playing. We’re all participants in it, whether we want to or not,” he noted [Michelle Fox, “Trump Tariffs Won’t Last, ‘Not a Sustainable Policy’: Nobel-Winning Economist Robert Shiller,” CNBC, 2018.06.25].

But let’s not give Trump even that much credit—he’s spending the gains of the Obama economy:

In the past 45 years, only one president has inherited a better economy than Trump did. That was George W. Bush, who took office at the tail end of the tech bubble, when unemployment was a mere 4.2 percent. Trump has been luckier, though, in that his term didn’t begin just as an economic expansion was ending. On the contrary, the slow and steady recovery that President Barack Obama kick-started with the stimulus has continued under Trump — just a little slower and a little steadier than before. Indeed, as you can see below, the economy added almost 3.5 million jobs in Obama’s last 16 months in office, compared with just under 3 million jobs in Trump’s first 16 months.

U.S. Job Growth, chat by Matt O'Brien, WaPo, 2018.06.25.
U.S. Job Growth, chat by Matt O’Brien, WaPo, 2018.06.25.

Who knew that making America great again meant making job growth a little worse? [Matt O’Brien, “For the Last Time: Trump Inherited a Good Economy, and He Hasn’t Made It Better,” Washington Post, 2018.06.25].

But don’t worry: we’re going to be happy. We’re going to be great. Just don’t rush the turkey.

108 Comments

  1. mike from iowa 2018-06-28 09:36

    Silly lenders demand payment on time for some reason. Something Drumpf and his bankruptcies know nothing about. Heck, Drumpf doesn’t know squat about anything.

    The only farmers standing when Drumpf is deposed will be korporate amerika.

    There are 479 weekly gun suicides in America. Most occur in red, rural states.

  2. Loren 2018-06-28 09:59

    Trump used the turkey analogy. What folks have yet to realize is that they are just catching a whiff of a turkey that was baked last year. It has already been served to the wealthy folks and corporations. There is NO TURKEY in the oven… but you can wait in line if you like. SURPRISE!!!! BTW, (spoiler alert) professional wrestling is not real either. ;-)

  3. Roger Elgersma 2018-06-28 10:58

    It may be that we need some type of tariffs to protect our jobs and wages. But we do not need a flipflop, piss off your friends and prove that your word can not be kept type of policy like trump has been doing.
    First he decided to put tariffs on steel to help the steel workers who voted for him. Then immediately took the tariffs off with our friends so the effect to the steel workers was over. By then he had accidentally backed his rear end into a trade war with China. So he sends over a delegation to China to end all tariffs so the tariffs on their steel and our pork was over. So at that point he negated everything he had tried to do. Then two weeks later he puts tariffs back on steel. This proved to the Chinese and North Koreans just before his summit with Kim that trump’s word can not be trusted. So now with higher steel prices combined with tariffs from Europe, Harley Davidson, who employs 1000 steel workers, moves some production overseas. Trump has so short term of a thought process that he can not see past the end of his nose, which is ok with him because he only cares about himself. Anyone that wanted to be President of all the people would look at the side effects that his policies have, but he only looks at himself and his friends. We need a President, not a self centered knee jerk type of person trying to figure out what the economy is. He might know real estate, but other businesses like steaks, universities, steel, manufacturing and casino’s are not his specialty.
    Manufacturers already had to compete with cheap foreign labor, now they have to compete with cheap foreign steel as well. This will push more manufacturing jobs overseas and that will reduce domestic demand for steel which will hurt the steel industry in the long run. Trump’s brain is the type that can have a nine month affair when his new wife just had her first baby and mess up that affair with a one night stand with a porn star. His brain is as bad with economic policy as it is with women. His brain needs a total overhaul, but not at our expense.

  4. Roger Elgersma 2018-06-28 11:00

    The bean and pork markets went down with Trump’s second tariff on steel. When he started flipflopping all over is when the foreigners started to really retaliate.

  5. Daniel Buresh 2018-06-28 11:12

    Nothing like removing foreign competition to allow for domestic producers to raise prices to increase shareholders profits while wages remain stagnant….assuming demand holds which won’t, only exacerbating the problem. We can only hope everything crashes before 2020 otherwise we won’t see relief until long after 2024. If I were close to retirement, I’d be thinking about getting everything out early. Hyperinflation is going to cause consumer debt to default at historic rates which will drive spending way down. Pair that with the corporate tax cuts and we are making a perfect storm. We aren’t going to spend our way out of this one.

  6. Jason 2018-06-28 12:36

    I see Cory and the rest of the Democrats are happy Canada has a 300% tariff on milk.

  7. mike from iowa 2018-06-28 12:52

    And Drumpf and his legendary negotiating skills will soon have it doubled.

    BTW Jason, how’s Li’l Kim’s denuclearization that Drumpf negotiated, going? Did Drumpf negotiate naming rights for the new facilities Kim is building?

  8. Porter Lansing 2018-06-28 12:54

    Except for reading rural state blogs I spend my time with city people. Trump is a quintesential city person. City people don’t know hay from straw but this is what they think about South Dakotans and farmers. ~ Farmers always get the stinky end of the poopstick and as Bernie said, “South Dakotans love to avoid conflict.”
    ~ Trump is sticking it to the ag economy first, will continue the dirty deed and ag will be the last to recover. Why? Because y’all just won’t cross the Aryan King. City people take to the streets to complain. Country people take to the bars on Friday afternoon to complain. Big difference in results.
    (USA doesn’t export milk. It’s too fragile. USA exports whey, dry milk powder and cheese.)

  9. Donald Pay 2018-06-28 13:30

    My daughter works in a consulting business based in Beijing. Her bailiwick is agricultural policy and trade issues, so I got a little lesson in what’s happening when we talked on Fathers’ Day and her birthday. China is actively involved in diversifying its ag imports. Brazilian firms and farmers are getting most of the benefits in the ag sector from Trump’s trade war. China has plenty of options for ag trade, and it has also been gradually restructuring its own ag industry. Trump’s trade war has accelerated the timetable for these trends. Once the market for US products to China is lost, it will be difficult to re-establish. Trump could be doing damage to US ag trade to China that will last a couple generations, not just a couple years.

  10. Vance Feyereisen 2018-06-28 13:48

    Speaking of jobs and employment—–

    (((edelweisspirat)))🌊 #GeneralStrike
    @crandallgold
    If you think that Mexico is only sending drug dealers and rapists,

    but also worry that Mexicans are going to take your job…

    What the ____ do you do for a living?

    12:27 AM – Jun 25, 2018

  11. Daniel Buresh 2018-06-28 15:07

    Jason….much like Trump, is too focused on a tree and is completely missing the forest.

  12. jerry 2018-06-28 15:11

    Mr. Pay, the problem with what you just said is that it will go on deaf ears.

  13. jerry 2018-06-28 16:09

    NOem and trump are also tanking the healthcare markets https://www.kff.org/

    It is easy to be upset with trump and his squandering, but he would not be able to do it without the willing hands of NOem, Thune and Rounds enabling him to screw agriculture.

  14. Porter Lansing 2018-06-28 17:17

    Jerry, you bring up a sad situation. Colorado has already passed new laws and designated funds to protect Obamacare provisions. Cali has, too.
    Instead of a country where everywhere is doing pretty good, we’ll have a country where some states are doing excellent and some states will just be slums. Democrat’s platform is that a rising tide of national progress benefits all states. Republican’s platform of “states rights” allows a state to have ultra-low taxes and very small government and to become poorly educated and poorly developed, if that’s what that state’s majority chooses. Civil rights will be gone.
    It’s only logical where young people will want to live and raise kids.

  15. jerry 2018-06-28 19:30

    Indeed sir, then let it be so. If NOem is allowed to be governor, she will do as she had done as a congressman, screw the pooch. She has done nothing but take from the state, nothing. Healthcare is huge here as it is in every state, but here, NOem and her crew have gone over the line to raise premiums as well as to find ways to dilute the healthcare. She has voted to eliminate Medicare and to eliminate Social Security, just as her boy trump wants.

    The numbers speak for themselves. A professional self employed family man just told me today that he added his kid onto their individual plan. He and the bride are mid to late 30’s, non smokers and have one other kid. There premiums for this year will now go to just above $2,000.00 a month for a $5,000.00 deductible. Man oh man, $24,000.00 a year and then another $10,000.00 if you get sick. What a scam.

    NOem is doing this to get the taxes that insurance company’s must pay the state for the premiums. What a scam? And where does the money go? Good question. This must stop…right?

  16. OldSarg 2018-06-28 20:27

    Ha! None of your hatred for Trump matters anymore. The democrats have fallen apart. They are no more. The socialist have risen to run the democrat party. Your days are over to be no more. Very sad in a way. No longer will the Black man continue to vote as their freedoms are given away to the promotion of illegals to the Black Man’s detriment. No longer will the promoting of the indiscriminate killing of our future citizens gather the crowds. No longer will the corrupt enrichment and lining of the democrat elected be your masters. You are being set free! You should all be celebrating your new found freedom!

  17. Roger Cornelius 2018-06-28 21:28

    republicans are celebrating tonight with the assassination of 5 journalists Maryland.
    Two days ago told his supporters that the “press is our enemy” and some white male terrorists decided to carry out the will of the president and kill 5 reporters and wounding others.
    The “target hit” was well coordinated, who was it well coordinated with?

  18. jerry 2018-06-28 21:48

    trump plans to buy soybeans from farmers so they can vote for republicans. Bribe rather than solve, the new republican mantra.

    “USDA could direct the CCC to purchase soybeans to buoy farmers’ revenues. The CCC is able to assist through loans, purchases, payments and other operations. The CCC Act also authorizes the sale of agricultural commodities to other government agencies and to foreign governments and the donation of food to domestic, foreign, or international relief agencies”

    So now, the farmers really should be drug tested as they are literally getting something for nothing much like the poor folks who NOem and her mob have put in the Farm Bill.
    No Medicaid because we are broke, but bribes, no problem. Putin would be proud. Farmers, how does it feel to know that all people can now see how trump has screwed up democracy and the art of the deal, by making it the stink of the steal.

  19. grudznick 2018-06-28 22:02

    Mr. C, please stop being such a generalist.

    You might say “Some Republicans are celebrating…” if you don’t know the real number or names of those celebrating. You might say “I think some Republicans are celebrating…” if you don’t have proof of one of them doing so, but it is your opinion.

    You are wrong to insinuate all Republicans are celebrating. I am a Republican. I am not celebrating. I am, in fact, sad. I expect the majority of my fellow human beings, Republican or Democrat, of all races, of all sexes, and of all ages, are also not celebrating and are sad.

  20. T 2018-06-28 22:24

    Donald Pay
    Proud pop u must be
    I could not agree with her more
    The farm families living out of one pot
    Ought to be very concerned the rest of us farmers maybe able to limp along for a year but this year will set all of us back. There isn’t another outlet for us like China for our beans ,,,,,,,our market is damaged
    I cannot even bare to read this article this evening as the markets says it all
    Beans have fluctuated the lowest they have been in 10 years. Our costs the highest

  21. jerry 2018-06-28 22:24

    Here’s Hannity, what a traitor. “I’ve been saying now for days that something horrible was going to happen because of the rhetoric. Really Maxine? You want people to create – Call your friends. Get in their faces – and Obama said that too. Get in their faces. Call ’em out. Call your friends. Get protesters. Follow them into restaurants and shopping malls, and wherever else she said.”

  22. jerry 2018-06-28 22:28

    So now that trump is gonna buy off soybean producers, what about the rest of agriculture that is hurting because of his stupid moves? What about next year? China is moving on folks, they don’t want to play anymore. How will the Farm Bill work when there is no market? When will ag producers finally realize they have been conned? When will ag producers stand up for the poor that have been denied their markets as well? When will they throw the bums out?

  23. Mark Winegar 2018-06-29 07:08

    Trump’s fixation on reversing everything Obama did may be indicative of a memory problem. Recall the economy was in a free fall under the guidance of George W. Bush (R). Will the Republicans, who control each branch of the government, take it’s back to the brink of disaster?

  24. Jason 2018-06-29 07:26

    Mark,

    What did GWB have to do with people buying houses they couldn’t afford?

  25. Cory Allen Heidelberger Post author | 2018-06-29 07:29

    Daniel, does removing foreign competition and jacking up domestic prices apply to agriculture? Cheap American corn flooded the Mexican market and drove the surge in immigration from rural Mexico to the U.S. My impression is that in most fields, we grow more food than we can eat or process into biofuel or whatever, so tariffs will only drive prices down in ag and put farmers out of business. Is there some mechanism by which U.S. ag shareholders benefit from tariffs?

  26. Roger Cornelius 2018-06-29 07:31

    grudz
    Do you care critique OldSarge’s most recent comment in the same manner you did mine?

  27. Dicta 2018-06-29 08:25

    “Your days are over to be no more.”

    Is English your second language, Old Sarge?

  28. Cory Allen Heidelberger Post author | 2018-06-29 12:27

    From the link John offers, we learn that even John Thune agrees with my assessment of the damage Trump is doing to agriculture:

    “In fact, since March soybean prices have dropped about a dollar a bushel, which in South Dakota means about $225 million for our farmers,” Thune said.

    Thune says he’s still trying to convince the administration to look at the consequences and try to minimize the negative affect on farmers. Thune has had several conversations with the president, his administration and other senators.

    “Before some of these things take affect, we’re trying to convince the administration that they need to dial back some of what they’re doing and look at other ways of accomplishing their objectives without singling out or hitting our number one industry in South Dakota,” Thune said.

    But a fat lot of good Thune’s “several conversations” seem to be having.

  29. Adam 2018-06-29 12:40

    Agriculture is just a socialized work program for middle of nowhere, farel people who are unable to fit into nor contribute to American society in any other way.

    They’ve been Trumpy since before Trump, and I sort of enjoy watching them worry about the consequences of their horribly poor recent choices.

    I just think we need a smaller Ag in America – instead of bigger. Big bloated Ag is wasting billions of tax dollars and I’m sick of supporting these crazy reckless socialist idiots.

    NO SYMPATHY FOR AGRICULTURE !!! Come 2018 harvest time, LET THEM EAT THE SOY THEY’VE PRODUCED !!!

  30. Robert McTaggart 2018-06-29 13:13

    Farming is more like agricultural engineering these days.

    We’ll see how the market responds…fewer soybeans to China means more available for something else.

  31. Adam 2018-06-29 13:17

    The guys who engineer the combine are never, ever, those who use this heavily automated equipment on a farm.

    Farmers are NOT engineers any more than a McDonalds Manager.

  32. Robert McTaggart 2018-06-29 13:30

    I would disagree ;^). Many coming to study in ag engineering or precision agriculture will go back to the family farm, or at least work with a company that works with said farm.

    I just don’t see the line between farming and ag engineering as black and white as you do. The ag engineer has to work with the farmer to build a better combine, and the farmer needs to understand the problem in order to generate a good solution.

  33. Robert McTaggart 2018-06-29 13:31

    He meant Ferrell people. They like to see Will Ferrell’s movies. Farmers are his peeps.

  34. Adam 2018-06-29 13:41

    IBM claims that nowadays Watson does the thinking for farmers, and John Deer claims to automate more farm work today than ever in the history of agriculture. So, farmers think less and work less than ever before. So, you’re not arguing with me, Doc, you’re rguing with the companies that engineer the computers and equipment which operate farms.

  35. Adam 2018-06-29 13:47

    Crap, I miss-spelled arguing 😉

  36. Adam 2018-06-29 13:51

    Since McDonalds Managers need to be certified in taking apart, cleaning, and operating an ice cream machines, does that really make them ice cream or food service engineers?

    No, it definitely does not.

  37. Robert McTaggart 2018-06-29 13:55

    It’s called technology. That is impacting work as we know it, and not just farming.

    So what the farmer does is indeed changing, but Watson isn’t making all the decisions or designing new technologies or generating the demand by consumers.

  38. Robert McTaggart 2018-06-29 14:02

    If they have input on the design of a new ice cream machine it certainly does. But probably they are more of a food service technician than an engineer.

  39. Porter Lansing 2018-06-29 14:04

    And what in general are farmers doing while they ride along in self-driving tractors and combines? Going to hate school with Rush Limbaugh. Learning that Islam and ISIS are the same thing. Learning that they’re really not feeding the world, anymore. They’re waiting for the turkey to bake, so China will fall like the Soviet Union did under Reagan. Learning that missing out on your pasta course (but receiving your cheese plate for free) at The Red Hen is much worse that Republican party-wide chants supporting the imprisonment of political opponents or making laws that humiliate millions of LGBTQ citizens.
    Remember, before FoxNews, Limbaugh and the Hate As Identity Movement when farmers were the peaceful, salt of the Earth, Mr. GreenJeans sort we all loved and admired for their dedication to peace and the land? #CableTVKilledTheGrowerMan

  40. Adam 2018-06-29 14:08

    It’s funny when the Doc feigns to not understand the point.

  41. Robert McTaggart 2018-06-29 14:20

    If you participate in a solution, engineering is involved. If you throw up your hands and call someone else to fix the problem, that is not engineering.

  42. jerry 2018-06-29 14:34

    As agriculture is now the mark of a failed state, then grow renewable energy. Here is the latest form of storage, from those pesky Europeans no less.

    “With the 1.2-megawatt storage system known as “Batwind” in operation, it will be possible for the first time to store energy produced from an offshore wind farm, developers Masdar and Equinor touted in a press release Wednesday”. Bah zing! Here we go. https://www.ecowatch.com/offshore-wind-battery-scotland-2582099396.html

    Also information about the latest pipeline explosion. These wind chargers, placed in former soybean and corn fields, would make more money and be out of trumps wicked little hands.

  43. Dicta 2018-06-29 14:57

    Watson is not that great. The best thing about Watson is its marketing. When IBM makes bold claims, remember that it is likely because they are trying to sell you something. There are a number of things different companies can do to help farmers maximize yield, but in order for those outputs to be effective, there needs to be solid inputs (i.e. farmers who aren’t brain dead.) As always, the truth of the argument is somewhere in the middle here (farmers are not engineers, but they sure as heck aren’t feral).

  44. mike from iowa 2018-06-29 15:01

    Once korporations lobbied their way into farming, that was the end of small farmers (thousands of them) as we knew farming.
    Farming has become smaller through attrition but as numbers shrank the size of farms have grown tremendously. Ag is concentrated in a few (korporate) hands and few (korporate) owners and seeds and chemicals are monopolized.

  45. mike from iowa 2018-06-29 15:05

    Will Ferrell is the Drumpf of Hollywood. IMHO his acting is on par with Drumpf’s presidenting. Next to Nicholson Ferrell is the absolute worst of the worst.

    I doubt either could actually farm.

  46. Robert McTaggart 2018-06-29 15:15

    Sure, instead of waiting for batteries to work commercially, let’s just move forward and make the intermittency problem worse in the meantime.

    Moreover, let’s send the excess energy somewhere else instead of using it around here to power asynchronous uses of energy to benefit our economy.

    Heck, you won’t be able to see the carbon dioxide emitted by the natural gas back-up or by the combustion of failed composite wind turbine blades before the remainder goes to the landfill. So what could go wrong?

  47. Daniel Buresh 2018-06-29 15:16

    Big ag is killing the small farmer just like big retail killed main street. It’s the cost of efficiency. For the record, when auto-steer came about, I just won more radio contests.

    Cory, my theory doesn’t quite apply to farming as much as it does manufacturing of goods where the supply isn’t as abundant. Ag is its own beast and right now we are already producing too much to start isolating ourselves. We produce ag with the full intention of developing trade. Smart countries produce what they can efficiently and import what others produce better. That way, everyone wins. If the US decides we have to produce everything, we are going to get passed up even faster by China. 77% debt to GDP at the moment which means it is going to start affecting our economic growth by almost 2% for every 1% of debt over 77%. Paired with tax cuts, they think we could reach a 96% -105% ratio by 2028. That could essentially cause the US to default, cause hyperinflation which will destroy every household in the US….and the US Dollar is no longer the gold standard for the world. China wins.

  48. Adam 2018-06-29 17:39

    If Trump moves to bail out farmers from the crisis he and they created for themselves, I will passionately stand against it – unless Ag folks start to deeply, and sincerely apologize for having voted like (and becoming) madmen.

  49. mike from iowa 2018-06-29 17:48

    Drumpf is talking about cutting korporate taxes again in October. I guess the deficits aren’t yoooge enough to impress him.

    Hard to feel sorry for voters who are just realizing what they voted for. The stories were out there, but everyone chose to focus on HRC’s emails and ignore all Drumpf’s negatives.

  50. mike from iowa 2018-06-29 18:07

    More good MAGA news, Polaris Industries is thinking of moving Victory cycle plant from NW iowa to Poland because of Drumpf’s tariffs. Getting tired of winning, yet?

  51. jerry 2018-06-29 18:58

    General Motors just announced that trump will create more unemployment and higher priced vehicles with his tariffs. You know what that means, instead of a $50,000.00 pickup, you all are now gonna be looking at a $65,000.00 pickup. That is a lot of soybeans to watch rot.

    As you say mike from iowa, getting tired of winning, yet? Wait till he pulls out of NATO?

  52. Adam 2018-06-29 19:26

    Jerry, it’s more like you and I as tax payers will cover the additional $15,000 per year for farmers and ranchers to get their regularly scheduled fancy new pickup trucks.

    I used to be ok with farmers doing fantastic compared to most, but not so much anymore. …Not after such a plethora of anti-smart, strong man loving BS has been fostered and propagated straight out of Farmville. They sure know how to propogate BS out in Ag country.

  53. jerry 2018-06-29 20:13

    Adam, what should be of a real concern is not so much the cost of those pickups but the losses to the banks that have to okay the operating expenses for the next year. I am not feeling any sorrow to the bankers, but I am concerned how this is all going to come together when there are defaults on the loans. We are talking some serious money here that will have to come from somewhere. That is why trump and the dumpsters want to pay money to producers to keep them solvent until they can get trump to admit he is a looser and ignorant. This plan is a taxpayer bailout for something that taxpayers have already bailed out with the bloated Farm Bill.

  54. jerry 2018-06-30 08:27

    Canada just took a $170,000,000.00 whack at American beef, thanks trump for being such a Russian. One hundred seventy million dollars is just another in a long line of losses to American cattlemen that is teaching that Justin Trudeau a thing or two about a thing or two. Beef prices may go down a little bit to the consumer here in the United States if the big 4 packers get together and collude a price drop, like that is even possible for them to do that sort of thing. Manipulate the market? who ever heard of such a thing.

  55. OldSarg 2018-06-30 09:07

    Like small dogs, nipping at the heels of a man, the left continues on their wistful journey watching the world pass them by.

    GDP might top 5% in the spring: https://www.marketwatch.com/story/economy-might-top-5-gdp-in-the-spring-2018-06-27

    Black unemployment rate hits a record low: http://money.cnn.com/2018/06/01/news/economy/black-unemployment-rate-record-low/index.html

    Strong demand pushes global wheat prices higher: http://www.southwestfarmpress.com/wheat/strong-demand-pushes-global-wheat-prices-higher

    Gun Homicide Rates Dropped by 40% as Ownership Skyrocketed: https://www.arizona-firearms.com/gun-homicide-rates-dropped-by-40-as-ownership-skyrocketed

    30-year mortgage rate drops again: https://www.stltoday.com/business/local/year-mortgage-rate-drops-again/article_980e8294-740f-59a6-8e79-5e5fb505f978.html

    Big and Small Businesses Raising Wages: https://westernfreepress.com/big-and-small-businesses-raising-wages-with-tax-cut-savings/

    You are “over, done, fini and misslyckades!

  56. Porter Lansing 2018-06-30 09:36

    That’s an impressive list of good things that are happening. If both parties work together we can do even better. After the new Congress is seated in January, USA is in for a great 2019. –
    Mutafa Ka’Plese 🎲🎲

  57. mike from iowa 2018-06-30 10:03

    OldSmurf’s comment is ridiculous. I was going to rebut every point, which wouldn’t be hard to do, but then I figured he is a pathetic troll with too much time on his hands. Why bother?

  58. Adam 2018-06-30 13:06

    Old Smurftard really knows how to cut and paste.

  59. Jason 2018-06-30 14:37

    Trump’s approval rating is higher than Obama s at this point in their Presidencies.

    His Hispanic approval gas jumped 10 points since the left border rage has sprung up

    All Trump has done is win since he has become President

  60. mike from iowa 2018-06-30 15:24

    All Trump has done is win since he has become President

    Li’l Kim is busy making nukular weapons fuel and building more nukular facilities since the greatest negotiator the world’s ever seen left Singapore claiming victory.

    How much denuclearization can be found in making more fuel and building more facilities?

    Winning? How many meters of wall have been built since Day i of the bogus potus reign of terror? How many times has Obamacare been repealed and replaced?

    How many members of Drump’f inner circles have been indicted, charged and pled guilty? Winning?

  61. Porter Lansing 2018-06-30 19:09

    Keep winning.

  62. OldSarg 2018-06-30 20:54

    It doesn’t matter. You have lost. It is over. The socialist movement hidden under the name “progressive” has fallen and the people once again chose a man, not of the government, not of the establishment, but of and from the world of independence and liberty. No, he was not my choice but he was what God intended to use to save our Nation and home.

    Your small minded battle is over and America will once again survive and prosper as you watch from the sidelines nipping at the heels of history.

  63. Porter Lansing 2018-06-30 21:08

    You got it, Sarge. God is on Trump’s phone. MAGA …. make America Godly again

  64. Porter Lansing 2018-06-30 22:19

    Good one, Jerry. :0)

  65. Adam 2018-07-01 00:04

    It seems to only be fools on the right who ever declare permanent victory – as if the political pendulum doesn’t swing both left AND right.

    OldSoviet can take his declaration and shove it right up his keister.

  66. OldSarg 2018-07-01 05:20

    Adam, I’m not declaring victory at all. I am simple pointing out the state of your efforts. It isn’t about me. This blog is for you. It is yours. You get on here and state your views. It is your voice and your thoughts that are posted in each of your responses. It is those ideals within your posts (though none are original appear simply stripped from the views of a bunch of narcissistic poorly educated journalist) show to the world your goals of overturning our home and Nation. It didn’t work and now it is being buried. It would be best if you all just stopped from here forward. Now your continued rants are starting to seem more deranged than thoughtful. It is becoming unhealthy mentally for all of you. I’ll say a prayer for each of you.

  67. mike from iowa 2018-07-01 07:17

    OldSnakeEyes has jumped the shark.

  68. OldSarg 2018-07-01 07:47

    It’s all ok mike. No need to hurt yourself. It will be fine. You’ll still get your check. Walmart will continue to accept SNAP. Iowa will continue to be your home.

    Oh, just a quick question: This blog is about South Dakota. Why are you here?

  69. OldSarg 2018-07-01 08:32

    You should spend time on Iowa blogs.

  70. mike from iowa 2018-07-01 08:53

    Keep posting, OldSponge and keep reminding yourself I’m the dumb one.

  71. OldSarg 2018-07-01 09:21

    Oh, I don’t need to remind myself. I have your posts to help me.

  72. jerry 2018-07-01 09:47

    trump and his supporters: Cicero says it best:

    “A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear.”
    — Marcus Tullius Cicero

    RUSSIA IS OUR ENEMY, WITH SUPPORT FROM WITHIN

  73. OldSarg 2018-07-01 12:35

    Jerry, when Obama’s weaponized our government and used it against our people he became the traitor from within. He used the ATF to send weapons to the Mexican drug cartels, used the IRS to suppress the voice of the people, the FBI to spy on his political opponents and the DOJ to spy on the press. All of these are proven to have happened and now it is coming out he used the FBI and DOJ to set up Trump. Flynn’s indictment and guilty plea were clearly. Setup and a good man was hurt. Yes there was a traitor president and it was Obama. His minions are finally being exposed if you would only look.

  74. Porter Lansing 2018-07-01 12:51

    Right, Sarge. Track down that stinking Obama and lock him up!!

  75. owen reitzel 2018-07-01 13:05

    I think OldSarge is Trump. None of that is proven OS. When you tell or hear a like enough it’ll seem like the truth.
    I agree with Porter. When in doubt blame Obama.

  76. mike from iowa 2018-07-01 13:42

    Flynn was one of those ‘good men’ who swore HRC was running a child prostitution ring out of a pizza parlor basement that doesn’t have a basement. There was no child prostitution or even a ring involved, but OldSferbrains is sure Flynn is top shelf. He is also a friend of Putin’s who is not, irrespective of the lies Drumpf tells, our friend.

  77. Adam 2018-07-01 16:01

    Like the majority of old senile Fox News pumping South Dakotans, OldMushyBrain had his brain hacked by the Kremlin. He’s just another, run of the mill, rural state radical.

    He claims this blog is really just for people who think different than him – while he spams the crap out of it.

  78. mike from iowa 2018-07-01 16:05

    I will save you some reading. Trans-Pacific Partnership tackled dairy tariffs

    As one of his first official acts as president, Trump pulled the United States out of the Trans-Pacific Partnership. But Canada went on to complete the massive free trade deal with 10 other nations, including Japan, Australia and Mexico.

    The deal allows signatories to send an increasing amount of dairy products to Canada over the next two decades — with zero tariffs. That includes milk, cream, butter, cheese and ice cream, among other products.

    “The US would have enjoyed these benefits had it not decided to exit the original TPP deal,” said Christophe Bondy, a trade negotiation expert and special counsel at law firm Cooley.

    How do you defend him now?

  79. Roger Cornelius 2018-07-01 16:28

    Old ___________ is simply giving us a preview of the 2018 mid-terms using their catchall phases.
    Trump will force the hateful immigration mess that he created.
    republicans have already revived the “lock her up” campaign against Hillary as well as her emails and Nuclear One fake news scandal.
    And of course republicans will remind themselves of all the President Obama scandals that don’t exist.
    The DOJ IG report didn’t come close to indictments that republicans were hoping to indict Democrats so they will have to blame the evil FBI.
    republicans don’t want the truth so they will stay away from that one.

  80. Adam 2018-07-01 16:49

    When is America going to realize that rural culture is now completely broken, radical and has undue influence on moderate voters?

  81. jerry 2018-07-01 17:50

    President Obama was elected, old soviet (thanks Adam), trump was not. President Obama had his faults, but he was not a Russian agent like your boy trump is. President Obama had friendly relationships with important countries, your Russian boy, trump, only has eyes for the Russian dude, Putin. President Obama bought us out of a deep recession, while your Russian boy, trump, is guiding us towards disaster. No matter how much money he tosses at the farmer to pay them off, we are gonna have to pay it back, and we cannot.

    RUSSIA IS OUR ENEMY.

  82. Clyde 2018-07-08 08:55

    Its a shame that a thoughtful forum like this is being taken over by troll’s. Equally a shame that they can find such ridiculous drivel to back any of their arguments.

  83. Clyde 2018-07-08 10:29

    If I may ramble a bit….

    Before that greatest of all republican presidents R Reagan was elected there were plenty of folks raising family’s and eking out a living on the 160 acres their grand parents had acquired under the homestead act.
    By the time RR got through with them the only ones left were working a job in town as well.

    By the time the 90’s rolled around the farm publications were telling us we had to farm 1000 acres to be able to make it. Now they are telling us we have to be 10,000 acre farmer to make it. In less than 40 years look where we have come?? What is the logical progression of these policy’s?? 100,000?? All land and production facility’s owned or controlled by one or two big bank’s??
    We have supposedly been moving towards that “GREAT” and “GLORIOUS” “FREEEEEE” market. That one that has never existed in the past, does not exist now, or will ever exist. We have come close to it though. After WW1 trade did pretty good for a while till we got into trade wars. The trade wars then progressed into the real war….WW2.

    Back to my point of who is making the ag policy and programs.
    We buy nearly all of our crop inputs from TWO companys. Du Pont and Bayer. That is now that Bayer have been allowed to acquire Monsanto.
    Those two company’s incentive is to sell as much as possible. They are guaranteed a profit by ownership of patents so they can charge what the market will bear and only need to expand the market to make more money. So they will be writing farm bills that do just that. We then produce and our production is taken over by ADM, Cargill or a couple others. They make their money by extracting a margin on every unit of production. So what does a farm bill that they write look like? Of course some of the production goes to a vertically integrated meat industry who’s main interest is to move more product. The cheaper they can produce it the more likely it becomes that they will find a market for that product. Sound like the farm programs we have gotten???? Though they say we are writing farm programs to move us to the “GREAT’ and “GLORIOUS” “FREEEEEEEEE” market we have really only had programs that force us to produce the most we can at a ever tightening margin.

    These are the people making our ag policy and if you think your senator of representative is going to represent you, the farmer, a now tiny voting block with no money to line the politicians pockets you had better think again.

    The problems with agriculture are not exclusive. Monopolies and the big banks they are in bed with dominate much of the world. Both the republican and the democratic party’s are in their pockets. It looks like revolution is the only answer but it doesn’t look like it will happen soon enough to save rural South Dakota.

    The country is still haggling over a farm bill. Not much about it is being disseminated to the public except that we can expect “more of the same”. Big surprise????

    What I would like to see is a bill that guarantees a farmer that owns…say 320 acres or rents 640 acres can make a good living. Anything he wants to produce over that gets to be marketed under that “FREEEE” market. No more lining the pocket of big insurance to help out those with the maximum production.

  84. Cory Allen Heidelberger Post author | 2018-07-08 12:46

    [Mostly just one troll, Clyde, whom we can easily resist by ignoring unless he’s on topic.]

  85. jerry 2018-07-09 18:35

    Very good link mfi. Thanks

  86. jerry 2018-07-10 12:20

    Work training programs in Rapid City and Sioux Falls, exist where for those on Medicaid? What exactly are those programs? Anyone??? NOem??

  87. jerry 2018-07-10 22:04

    Clyde, trump lies about the EU and the farmer. Who would have thunk it? I am thinking some farmers believe trump and his lies. What will happen when they finally realize they have been conned? Here is where soybeans go, for one thing. Do farmers want to continue to poop in their tent by supporting this lying liar?

    “Mr. Trump’s suggestion that it is “impossible” for American farmers to sell their products to the European Union is wrong.

    In fact, the 28 countries of the European Union are the United States’ fifth-largest export market for agricultural goods, like tree nuts and soybeans, totaling $11.5 billion in 2017, according to the Department of Agriculture.

    But the United States did import about $10 billion more in agricultural products, like wine, beer and chocolate, from the European Union than it exported there. (Overall, the United States has had an agricultural trade surplus with the rest of the world since 1960.)

    The European Union does impose a higher average tariff on agricultural products (11 to 12 percent) than the United States (about 5 percent), but about a third of farm goods enter both the European Union and the United States tariff-free, according to the World Trade Organization.” New York Times fact check 07/10/2018

  88. Clyde 2018-07-11 06:34

    Thanks Jerry….interesting facts.

  89. Jason 2018-07-11 07:03

    Jerry,

    Why didn’t the NYT fact check the non-ag part of the tweet?

    Thanks for proving we have am ag trade deficit with the EU Jerry.

  90. jerry 2018-07-11 08:33

    Jason: Coors, Budweiser, and Miller, along with the companies in their orbit, are foreign owned, either by the countries of the EU or South Africa. Stop drinking imported Budweiser to lower the ag trade deficit. The EU produces real American beer, go freedom. How about that? Go local.

    Your boy trump is killing the wine production in California, so there will need to be more wine imports from the EU as they pay their harvesters a real wage with benefits. The chocolates speak for themselves, they are quite good and the manufacturers of those chocolates also pay their employees a real wage with benefits.

    You are very welcome for the information, anytime,

  91. mike from iowa 2018-07-11 17:09

    Jerry, a few years ago my deceased landlord’s family received a seed corn cap from Texas Lawyers wanting him to sign onto a lawsuit against Syngenta.

    I talked it over with the deceased’s oldest surviving sister, executor of his estate, and told her we had never used Syngenta products and this suit was filed years after he had passed away.

    I figured it was a lawyerkly get rich quick scheme using dupe farmers to make lawyers millions and millions of bucks.

  92. jerry 2018-07-11 17:49

    You were correct sir. I see the point of a copyright seed, but just to the point of a few years production, much like prescription drugs. An active Farm Bureau that was looking out for its members would demand that from its congressional representation in Washington. Everyone is so in on the scam that the only one who is not is the small family farm producer.

    There is a solution to all of this though, organic farming. You could then get your seeds without the copyright and without the Monsanto branding of the hybrid. Farmers could do the earth a big favor and help themselves out as well. Can your product and sell it yourself. You got the fresh vegetables, harvest them and can them in cans. You don’t need any more than a quarter of a section of good production ground that will more than make your money back. Think of yourself as a homesteader.

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