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Farmers fear Trump trade winds could damage crops: ‘It’s unnerving’ (www.theguardian.com)

submitted 3 months ago by MicroWave@lemmy.world to c/economics@lemmy.world

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Economists estimate grain farmers could lose money as total production costs remain above current prices

Planting season is well under way across the US. And while farmers welcome news that the US and Chinese officials agreed to temporarily reduce tariffs placed on exports, plenty of uncertainty remains.

China is one of the top three importers of US food commodities, behind Canada and Mexico, and the escalating trade war between Washington and Beijing has worried farmers - particularly grain farmers, who lost money on last year’s harvest as bumper crops weighed on prices.

Even as farmers plant this year’s corn and soya bean crops, agricultural economists estimate grain farmers could lose money again as total production costs remain above current prices, unless something changes.

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[–] MushuChupacabra@lemmy.world 11 points 3 months ago (1 children)

Probably should have voted for Harris instead.

[+] bluGill@fedia.io -10 points 3 months ago (2 children)

There was plenty for farmers to hate about Harris as well. There were no good options and lesser evil is hard to figure out.

[–] MushuChupacabra@lemmy.world 11 points 3 months ago

There were no good options and lesser evil is hard to figure out.

The Greater Evil was, is, and always will be Trump, and it has been completely obvious the entire time.

Not by a little, but by a fucking landslide.

When you have a real business, that makes real money, then you are supposed to vote for things that are fiscally sensible.

They stared at chaos, listened to the promise of more mayhem, and then decided yes, it is in my financial best interest to listen to these guys, and to ignore all warnings from others, and from Trump himself.

Hopefully, they have the business outcomes they voted for.

[–] peregrin5@lemm.ee 8 points 3 months ago* (last edited 3 months ago) (1 children)

Yeah, she was black AND a woman. So they were forced to vote for Trump. There were no good options.

[–] bluGill@fedia.io -5 points 3 months ago (2 children)

Don't assign your racism and sexism on famers. There is plenty to not like about the way the democrats have run things. The EPA has been a real problem changing rules in ways farmers don't like for example.

[–] peregrin5@lemm.ee 3 points 3 months ago* (last edited 3 months ago)

Lmao. Sure hun.

https://link.springer.com/article/10.1007/s10460-018-9883-3

[–] quetzaldilla@lemmy.world 2 points 3 months ago* (last edited 3 months ago)

Typical Republican voter:

"How come all my children have PFOAS in their blood and severe developmental disabilities from contaminated water? Why did the EPA not do anything?!"

[–] supersquirrel@sopuli.xyz 8 points 3 months ago* (last edited 3 months ago)

The Last Doritos In The Bag: A Definitive Hagiography Of 'Murica's Most Selfish And Powerful has some pretty brutal scenes with farmers losing everything in between cutting back to Trump golfing and refusing to talk to the media at the start of Great Depression 2 that began in 2025.

[–] FoxyFerengi@lemm.ee 3 points 3 months ago

There's a field near me with about $7mil in winter wheat still just sitting in a large, covered pile. I understand why they're planting summer wheat, but it kind of feels like they'll be selling the farm this time next year anyway