Friday, July 26, 2019

Weirdness in Round 2 of Trump farm bailout

Happened yesterday:
The U.S. government will pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16 billion, officials said on Thursday, with farmers in the South poised to see higher rates than in the Midwest. - Reuters
The "weirdness" is political. Why would they send more to the safely red states of the South, than to the much more iffy (to say the least, for Republicans in 2020) Midwest?

Here's more information. Things are being figured differently this time around, and apparently that's what's leading to the notable geographic differences.

In other words, political calculation is not overtly the #1 factor here. What's best for corporate ag profits is. That's my inexpert take, based on what I've seen so far, anyway.

1 comment:

  1. Is Georgia gonna be competitive in 2020 ?

    There are five counties in Georgia that will receive the highest amount allowed
    $150 Brooks, Dooly, Hancock, Pulaski and Thomas counties

    Conversely, the highest Minnesota counties are mostly in Hagedorn's district ($74 Blue Earth, $66 Brown, $68 Dodge, $66 Fairbault,$72 Jackson, $69 Freeborn, $73 LeSueur, $71 Martin, $69 Mower, $69 Nicollet, $69 Nobles, $70 Rock, $67 Steele, $70 Waseca, and $70 Wantonwan ... with Stauber representing the highest at $79 for Hubbard County. Emmer's counties range from a high of $63 for Carver County to $38 for Anoka County.
    Fun Fact : Hennepin County comes in at $66 ... I guess the sod farms and nurseries must have gotten hit hard 'cause I didn't realize that they had that many farms producing crops.

    So although Minnesota will be getting some relief, other states appear to be being helped out more.

    Plus, isn't the "new" procedure to let the counties do the allocations, so this could create some wild battles. It's pretty easy to see that families who operate in multiple counties could get different relief for the same product.

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