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Farmers

Talkin' trade war at the Minnesota State Fair

by Elizabeth Dunbar
Aug 29, 2018
Nearly two million people visit the 12-day Minnesota State Fair every year. Visitors can take in live music, eat a lot of fried food and sweets, hop on carnival rides, and take in exhibits that celebrate the state’s agriculture industry. The fair is also a place for citizens to meet with their elected officials to discuss the big issues of the day, like a trade war.
A Ferris Wheel turns as people check out John Deere tractors on Machinery Hill at the Minnesota State Fair in Falcon Heights, Minn. on Thursday, Aug. 23, 2018.
Evan Frost | MPR News
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Trump administration details aid for farmers hurt by tariffs

by Amy Scott
Aug 27, 2018
The Trump administration announced details today of a $12 billion aid package for farmers hurt by the trade war. Retaliatory tariffs imposed by China and other countries have hit soybean producers especially hard, with prices falling about $2 a bushel this summer. The aid package includes help for soybean, wheat and corn farmers, and dairy […]
Farmer Terry Davidson walks through his soy fields July 6, 2018, in Harvard, Illinois.
NOVA SAFO/AFP/Getty Images
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The USDA is buying milk and giving it to food banks

by Mitchell Hartman
Aug 17, 2018
The program is hoping to help the needy – including America's dairy farmers.
Oatly, the Swedish maker of oat milk, will start selling shares to the public on Thursday, in an offering expected to value the company at $10 billion. The market for milk substitutes has been growing rapidly, with Nestle just releasing its own version made from peas.
PHILIPPE HUGUEN/AFP/Getty Images
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Trade showdown

Trump's trade announcements barely ease treacherous path farmers face

by Kai Ryssdal and Phoebe Unterman
Jul 26, 2018
Plans to negotiate with the European Union and aid plan fall short for farmers.
Soybeans loading onto a truck on their way to a grain elevator in Dwight, Illinois. U.S. soybean futures plunged when China announced retaliatory tariffs on them in June.
Scott Olson/Getty Images
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Trump plans emergency aid to farmers affected by his tariffs

by Associated Press
Jul 24, 2018
However, the funding may need to be approved by Congress and the aid would be temporary.
A farmer named Terry Davidson walks through his soy fields in Harvard, Illinois on July 6 — the same day China imposed retaliatory tariffs aimed at the US soybean market.
DEREK R. HENKLE/AFP/Getty Images
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Farmers have been relying on the high value of their land to get them through years of low commodity prices

by Zoe Sullivan
May 18, 2018
Land accounts for 80 percent of farm assets according to the Department of Agriculture. So farmers are using their land as collateral to face low commodity prices, but the amount of production that farmers need to service their debt is rising.  Click the audio player above to hear the full story. 
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Farmers eyeing trade tariff threats as crop insurance trims considered by House committee

by Nancy Marshall-Genzer
Apr 18, 2018
The House Agriculture Committee considers the Farm Bill today. The bill includes funding for crop insurance, the federal program that protects farmers from swings in crop yields, and prices. If insurance is cut back, that could be a problem should China makes good on its latest tariff threats.  Click the audio player above to hear […]
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TPP re-think could boost U.S.-Pacific trade

by Scott Tong
Apr 13, 2018
The world has had about a day to digest President Donald Trump’s 180-degree turn on trade. We are talking about TPP — the Trans-Pacific Partnership. Candidate Trump railed against TPP. He pulled the U.S out in his first week as president. Now, he’s told his top economic lieutenants to explore going back in. What do American […]
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New Farm Bill proposes changes to food stamps

by Paulina Velasco
Apr 13, 2018
80% of spending in the Farm Bill goes to food stamps
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China lists $50 billion of U.S. goods it might hit with 25 percent tariff

by Associated Press
Apr 4, 2018
The trade dispute between the two countries continues to escalate, with China potentially imposing tariffs on U.S. soybeans and aircraft.
President Donald Trump addresses a crowd during the debut event for the Dreamliner 787-10 at Boeing's South Carolina facilities last year in North Charleston, South Carolina. In premarket trade on Wednesday, Boeing stock dropped nearly 5 percent.
Sean Rayford/Getty Images
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