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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (77123)6/12/2018 8:40:49 PM
From: Katelew  Read Replies (2) | Respond to of 359077
 
I'm somewhat knowledgeable. And, yes, the large corporate farms probably have too much sway.

Farm prices have been falling for about three years as more has been produced than has been consumed.
While I was gone on vacation, I read that China has agreed to buy $70 billion more goods and services from the US and much of that will be in farm products. So maybe this will take up some of the slack going forward.

Personally speaking, it seems to me that some price support for dairy farmers may be appropriate because milk is an important nutritious commodity. Price supports keep enough dairy farmers in business which then keeps prices low. If farmers go under, the price goes up.

I assume these price supports are relatively small because we're not creating prices that are twice as high as what is available in Canada, a country whose cost of living and currency is similar to our own.