On July 25th, local time, foreign media quoted Neal Bredehoeft, a Missouri corn and soybean grower, and summed up the current mood of farmers in the central and western regions: Mr. President, I am glad to know that you have considered us. However, what we want is to resume free trade quickly. It is better to get income from the market than to get subsidies from the government.
Farmers generally believe that this is only a short-term method, a "nipple" and a "band-aid" for emergency hemostasis, and it cannot solve the long-term problem. What they want is the market.
This clear position, to some extent, also reveals why members of the US Congress, including * * * and party members, strongly oppose this proposal.
The mid-term election is approaching, and this $654.38+02 billion is regarded as Trump's measure to save the "ticket warehouse". Only now, it seems that not only the Party opposes it, but also the peasants are ungrateful. Even the soybean futures market quickly spit out most of the gains after rebounding on the 24th.
"It's just a pacifier. I'd rather not."
An agricultural subsidy program with a total amount of $654.38+0.2 billion announced by the Trump administration on the 24th aims to help American farmers who have been damaged in the trade dispute provoked by the United States.
This agricultural subsidy of $654.38+0.2 billion will be targeted at agricultural products such as soybeans, sorghum, corn, wheat, pork and dairy products. Affected by the counter-measures imposed by other economies on the United States. In addition to subsidizing farmers, USDA will also buy agricultural products that should be exported but are now sold directly. At the same time, the plan also includes expanding new overseas markets.
Farmers support and oppose Trump's tariff line. But no matter what their position is, they all have a common understanding: they want the market, and they want to earn money by their own labor, not by government handouts.
According to reports, Dave Coester, a soybean grower in Illinois, is a supporter of Trump. He also believes that the previous trade was unfair to the United States. However, he has to admit that at present, Trump's tariff policy really hurts farmers.
In addition to the decrease in exports, the domestic soybean price in the United States also fell to the lowest level in 10 years. Farmers who are worried that the weather will affect their harvest. Now I'm worried about the market.
For Koster, this year should have been a bumper year, but this is not good news. Trump fought a trade war for half a year, which made him earn a lot less money than in previous years.
"Soybeans originally bought at 10 dollars can now be bought at 8 dollars, which has dropped by 20%."
"I believe it will be good in the long run. But now, we are the ones who have been hit hard. "
"I mean, I can understand that they are trying to help us, I know. But it will take a long time to repair these. So in this way, this is just a' pacifier', I would rather not. "