Feds more interested in helping Ukraine farmers than those in USA warning “it is an impending crisis that every American could discover one day at their grocer or butcher”

Where's the Beef?

Important Takeaways:

  • Inflation, global ‘sustainability’ push a potential death sentence for US Agriculture, farmers warn
  • American liberals who join their global counterparts in applauding the acclaim of “sustainability,” among other interests, are ignoring the damage their policies are already wreaking on U.S. agriculture, farmers told Fox News.
  • Globalist “green” policies as well as inflation and rising costs have led to thinner herds, and in some instances, foreclosure or shuttering of farms altogether, bringing with them a potential domestic food crisis, they said.
  • “Farmers are going out of business every day,” said John Boyd Jr., founder of the Black Farmers of America.
  • “What’s happening is America’s beef cattle producers are depleting their herds. So they’re not having more calves so they can multiply.”
  • Boyd said there has been a one billion pound decrease in U.S. beef production over the past year, warning it is an impending crisis that every American could discover one day at their grocer or butcher.
  • He noted the feds are keen on financially aiding farmers abroad, particularly in war-torn Ukraine, but have done little to help American agriculture.
  • “We have farmers facing foreclosure. And the USDA will not stop farm foreclosures in this country for direct loans, guaranteed loans and other agricultural lenders,” he said.
  • “And I’ve made that request on your network many times,” added Boyd, who previously but unsuccessfully dipped his toe in the political waters himself in 2000, when he faced off as a Democrat against then-Rep. Virgil Goode, I-Va.

Read the original article by clicking here.

Trump vows to help farmers as China halts U.S. agricultural purchases

FILE PHOTO: U.S. Dollar and China Yuan notes are seen in this picture illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo/File Photo

By Susan Heavey

WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday vowed to protect American farmers against China by signaling to provide further aid if needed, a day after Chinese firms stopped agricultural purchases and Beijing threatened more tariffs on U.S. farm products.

“Our great American Farmers know that China will not be able to hurt them in that their President has stood with them and done what no other president would do – And I’ll do it again next year if necessary!” Trump tweeted on Tuesday.

U.S. farmers, a key political constituency for Trump, have been among the hardest hit in the trade war between the world’s two largest economies. Shipments of soybeans, the most valuable U.S. farm export, to top buyer China sank to a 16-year low in 2018.

To compensate for the losses, the Trump administration has rolled out up to $28 billion in federal aid since the trade war began last year, and the Agriculture Department to date has made $8.6 billion of direct aid payments to farmers.

The latest federal aid package of up to $16 billion was rolled out in July and the first tranche for the payments are expected to begin in mid-to-late August.

Promises of large agricultural purchases by China have been a key element of a potential trade deal, but Trump last week said Beijing had not fulfilled a promise to buy large volumes of U.S. farm products and vowed to impose a 10% tariff on a further $300 billion in Chinese imports starting Sept. 1.

On Monday, China’s Commerce Ministry said Chinese companies have stooped buying U.S. farm products and added that Beijing may also impose additional tariffs on American agricultural goods, a move that could further hurt U.S. farm states that are key for Trump’s 2020 re-election bid.

Overall, China has purchased about 14.3 million tonnes of last season’s soybean crop, the least in 11 years, and some 3.7 million tonnes still need to be shipped, according to U.S. data. China bought 32.9 million tonnes of U.S. soybeans in 2017.

(Reporting by Susan Heavey; Additional reporting and writing by Humeyra Pamuk; Editing by Bernadette Baum and Paul Simao)