Trade War FAIL: Farm Loan Delinquencies Highest In 9 Years

[Crepitus]

Farm loan delinquencies reach highest point in 9 years as prices slump

WICHITA, Kan. — The nation's farmers are struggling to pay back loans after years of low crop prices and a backlash from foreign buyers over President Donald Trump's tariffs, with a key government program showing the highest default rate in at least nine years.

Many agricultural loans come due around Jan. 1, in part to give producers enough time to sell crops and livestock and to give them more flexibility in timing interest payments for tax filing purposes.

"It is beginning to become a serious situation nationwide at least in the grain crops — those that produce corn, soybeans, wheat," said Allen Featherstone, head of the Department of Agricultural Economics at Kansas State University.


I wonder if America's farmers are "tired of winning" Trump's idiotic trade war yet.

Probably due to the cutback in government farming subsidies. Farmers shouldn't be allowed to be a "welfare class." They should be able to succeed or fail on their own.

He didn't cut back farming subsidies, he expanded them.

 

[Shrimpbox]

Farm loan delinquencies reach highest point in 9 years as prices slump

WICHITA, Kan. — The nation's farmers are struggling to pay back loans after years of low crop prices and a backlash from foreign buyers over President Donald Trump's tariffs, with a key government program showing the highest default rate in at least nine years.

Many agricultural loans come due around Jan. 1, in part to give producers enough time to sell crops and livestock and to give them more flexibility in timing interest payments for tax filing purposes.

"It is beginning to become a serious situation nationwide at least in the grain crops — those that produce corn, soybeans, wheat," said Allen Featherstone, head of the Department of Agricultural Economics at Kansas State University.


I wonder if America's farmers are "tired of winning" Trump's idiotic trade war yet.

While those FSA direct loan delinquencies are high, the agency is a lender of last resort for riskier agricultural borrowers who don't qualify for commercial loans. Its delinquency rates typically drop in subsequent months as more farmers pay off overdue notes and refinance debt.

Selective editing once again.

 

[Aldo Raine]

Farm loan delinquencies reach highest point in 9 years as prices slump

WICHITA, Kan. — The nation's farmers are struggling to pay back loans after years of low crop prices and a backlash from foreign buyers over President Donald Trump's tariffs, with a key government program showing the highest default rate in at least nine years.

Many agricultural loans come due around Jan. 1, in part to give producers enough time to sell crops and livestock and to give them more flexibility in timing interest payments for tax filing purposes.

"It is beginning to become a serious situation nationwide at least in the grain crops — those that produce corn, soybeans, wheat," said Allen Featherstone, head of the Department of Agricultural Economics at Kansas State University.


I wonder if America's farmers are "tired of winning" Trump's idiotic trade war yet.

Only thing to say to this is MAGA!!!!!

 

[The2ndAmendment]

I wonder if America's farmers are "tired of winning" Trump's idiotic trade war yet.

Agriculture will always be subsidized. Been that way since ancient Egypt on the Nile. Farmers have the safest jobs in the world...no nation will let themselves starve...ever...if they can prevent it.

 

[Stormy Daniels]

I wonder if America's farmers are "tired of winning" Trump's idiotic trade war yet.

Do you think it's possible to leverage China into giving us better trade deals, or is the richest consumer economy on the planet incapable of securing better deals for itself?

This post reflects some common ignorance about government affairs. "Trade deals" don't mean what you think they mean. It's not about two countries negotiating prices. Most of what "trade deals" cover is how to address jurisdictional issues if legal disputes arise between international parties. Pricing is determine between actual buyers and actual sellers.

Like you, Donald doesn't comprehend this. He's barking up the wrong tree to begin with, and throwing tariffs around as a misguided way of trying to bully countries into giving him what he wants. It makes as much sense as suing a hospital for malpractice because you want them to repeal Obamacare.

 

[Kondor3]

Farm loan delinquencies reach highest point in 9 years as prices slump

WICHITA, Kan. — The nation's farmers are struggling to pay back loans after years of low crop prices and a backlash from foreign buyers over President Donald Trump's tariffs, with a key government program showing the highest default rate in at least nine years.

Many agricultural loans come due around Jan. 1, in part to give producers enough time to sell crops and livestock and to give them more flexibility in timing interest payments for tax filing purposes.

"It is beginning to become a serious situation nationwide at least in the grain crops — those that produce corn, soybeans, wheat," said Allen Featherstone, head of the Department of Agricultural Economics at Kansas State University.


I wonder if America's farmers are "tired of winning" Trump's idiotic trade war yet.

Wars produce casualties.

The trouble is, it seems likely that our own government will provide less financial support to impacted farmers than other countries will.

That, too, is an "imbalance", and evidence of a flawed calculation on the part of the present Robber Baron regime.

 

[Confounding]

I wonder if America's farmers are "tired of winning" Trump's idiotic trade war yet.

Do you think it's possible to leverage China into giving us better trade deals, or is the richest consumer economy on the planet incapable of securing better deals for itself?

This post reflects some common ignorance about government affairs. "Trade deals" don't mean what you think they mean. It's not about two countries negotiating prices. Most of what "trade deals" cover is how to address jurisdictional issues if legal disputes arise between international parties. Pricing is determine between actual buyers and actual sellers.

Like you, Donald doesn't comprehend this. He's barking up the wrong tree to begin with, and throwing tariffs around as a misguided way of trying to bully countries into giving him what he wants. It makes as much sense as suing a hospital for malpractice because you want them to repeal Obamacare.

Like many, you assume what you want to believe. There are pieces that could be moved to benefit America if we weren't concerned with the feelings of snowflakes.

 

[Stormy Daniels]

I wonder if America's farmers are "tired of winning" Trump's idiotic trade war yet.

Do you think it's possible to leverage China into giving us better trade deals, or is the richest consumer economy on the planet incapable of securing better deals for itself?

This post reflects some common ignorance about government affairs. "Trade deals" don't mean what you think they mean. It's not about two countries negotiating prices. Most of what "trade deals" cover is how to address jurisdictional issues if legal disputes arise between international parties. Pricing is determine between actual buyers and actual sellers.

Like you, Donald doesn't comprehend this. He's barking up the wrong tree to begin with, and throwing tariffs around as a misguided way of trying to bully countries into giving him what he wants. It makes as much sense as suing a hospital for malpractice because you want them to repeal Obamacare.

Like many, you assume what you want to believe. There are pieces that could be moved to benefit America if we weren't concerned with the feelings of snowflakes.

Wow, you didn't just pivot. You jumped to an entirely different ship, an ocean away. But please enlighten us, oh wise one. What "pieces" (whatever that means) can be "moved" (whatever that means) and to what result, and what "feelings of snowflakes" are standing in the way?

This should be good.

 

[Stormy Daniels]

Even his wife is foreign made!

You mean to say that he didn't buy American?!

 

[Stormy Daniels]

Where he has his suits made is irrelevant to me., The only relevant matter is that you couldn't afford what he wears, ya cheap bastid.

What are you talking about? Donald's clothing line was sold at Macy's of all places. Hardly the destination of choice for high end buyers. (By the way, Donald's merchandising brands have basically gone extinct since he took office.)

But the clothing he actually wears is cheap, off the rack crap that isn't even tailored properly, and is held together with scotch tape.

 

[Confounding]

Wow, you didn't just pivot. You jumped to an entirely different ship, an ocean away. But please enlighten us, oh wise one. What "pieces" (whatever that means) can be "moved" (whatever that means) and to what result, and what "feelings of snowflakes" are standing in the way?

This should be good.

You don't think there are any aggressive moves we could make that would benefit American trade? You're trying real hard to avoid the actual point.

 

[Stormy Daniels]

Wow, you didn't just pivot. You jumped to an entirely different ship, an ocean away. But please enlighten us, oh wise one. What "pieces" (whatever that means) can be "moved" (whatever that means) and to what result, and what "feelings of snowflakes" are standing in the way?

This should be good.

You don't think there are any aggressive moves we could make that would benefit American trade? You're trying real hard to avoid the actual point.

You're answering questions with alternate, nonsensical questions. You really love to drink the urine, don't you? Maybe you were a frequent buyer of Donald's old urine collection merchandise.

 

[JGalt]

Where he has his suits made is irrelevant to me., The only relevant matter is that you couldn't afford what he wears, ya cheap bastid.

What are you talking about? Donald's clothing line was sold at Macy's of all places. Hardly the destination of choice for high end buyers. (By the way, Donald's merchandising brands have basically gone extinct since he took office.)

But the clothing he actually wears is cheap, off the rack crap that isn't even tailored properly, and is held together with scotch tape.

Untrue.

"He wears off-the-rack, Brioni almost all the time. I read he only owns two suits that aren’t Brioni - and these were made by a small Brooklyn tailor

Brioni suits are very expensive. About as expensive as you can get. More than twice as expensive as Armani. Even an off-the-rack Brioni is about $6000. A bespoke Brinoni is about $20′000………………..

So, for comparison, an off-the-rack Brioni is more expensive than a bespoke Saville Row suit.

As for ties, again, he only sticks to a few trusted brands. He exclusively either wears Armani ties, or his own brand..."

https://www.quora.com/What-brand-of-suits-does-Donald-Trump-wear

 

[Confounding]

Wow, you didn't just pivot. You jumped to an entirely different ship, an ocean away. But please enlighten us, oh wise one. What "pieces" (whatever that means) can be "moved" (whatever that means) and to what result, and what "feelings of snowflakes" are standing in the way?

This should be good.

You don't think there are any aggressive moves we could make that would benefit American trade? You're trying real hard to avoid the actual point.

You're answering questions with alternate, nonsensical questions. You really love to drink the urine, don't you? Maybe you were a frequent buyer of Donald's old urine collection merchandise.

Yeah, you're done.

Next...

 

[Stormy Daniels]

Where he has his suits made is irrelevant to me., The only relevant matter is that you couldn't afford what he wears, ya cheap bastid.

What are you talking about? Donald's clothing line was sold at Macy's of all places. Hardly the destination of choice for high end buyers. (By the way, Donald's merchandising brands have basically gone extinct since he took office.)

But the clothing he actually wears is cheap, off the rack crap that isn't even tailored properly, and is held together with scotch tape.

Untrue.

"He wears off-the-rack, Brioni almost all the time. I read he only owns two suits that aren’t Brioni - and these were made by a small Brooklyn tailor

Brioni suits are very expensive. About as expensive as you can get. More than twice as expensive as Armani. Even an off-the-rack Brioni is about $6000. A bespoke Brinoni is about $20′000………………..

So, for comparison, an off-the-rack Brioni is more expensive than a bespoke Saville Row suit.

As for ties, again, he only sticks to a few trusted brands. He exclusively either wears Armani ties, or his own brand..."

https://www.quora.com/What-brand-of-suits-does-Donald-Trump-wear

Okay, so let me clarify. He wears the cheap, crappy, overpriced suits that are made by otherwise high end clothiers. And that $6k number is full of shit.

What kind of billionaire wears off the rack suits of any label? Just look at the man! He looks like garbage! He'd be better off to get a MTM $500 suit.

 

[Lesh]

South Dakota 'devastated' by Trump's trade disputes, Gov. Kristi Noem tells Politico

South Dakota is getting hammered...and they can't be alone

 

[Denizen]

Donald Trump's intenrational policies are made in Russia.

Its a good thing the 'Stable Genius' has shoveling skills.