Bloomberg: America Isn't a Food Superpower Any More (in fact we are a net importer.)

I didn’t think about Iowa caucus but I’m sure that doesn’t help. As for depression what started as legitimate cause evidently paved the way for em to be used as fuel in the 70’s. Now it’s being used to prevent American farmers to flood the world with cheap grain…meanwhile those internal companies that help sponsor those farmers to receive farm subsidies had cleared hundreds of thousand acres in other countries like Brazil by cutting down rain forest to plant soybeans etc. Thus using little to no regulations while filling void that American farmers use to produce so they increase their own overseas profits.

They also promote sustainable farming here but in foreign that they operate in.

Pretty good scam don’t you think.

And I understand it all awhile being illiterate. :wink:

I hope that makes sense.

Right, what feature of ag makes it a natural
Monopsony?

I can think of one. Not in AG.

With the exception of potatoes, everything on that list is trash.

Well not sure why. I could hazard a guess as to why.

But before I do would simply note that there very seldom are >4 dairy buyers or >4 cattle buyers or >4 wheat buyers or >4 potato buyers in a single transportation market.

I live in a rural part of S Jersey.
Yet in less than 40 mins I can drive for groceries to

  • Walmart
  • Aldi
  • Shop Rite
  • Grocery Outlet
  • ACME
  • and at least a half dozen places with limited selection (Dollar General, Dollar Tree, and a couple tiny grocery shops)

and within 90 mins I’ve got a TON of choices.
(Sam’s Club, Costco, Pathmark, Whole Foods and several ethnic places large and small.) Probably over 20 total.

Farmers face nothing like that
Farmers face nothing at all like that at all.

A trucker can drive a 10-hour day. How many potato buyers are in a 5-hour radius of any given farm in rural Idaho?

You would be surprised.

1 Like

What is this? witchcraft?
I type out the word “Idaho” and suddenly you appear?

(Good Lord, we’re gonna have to nickname you Beetlejuice. LOL)

Lol. I was just checking in and read your response. Lucky timing. :rofl:

1 Like

Well, this explains why Americans are so overweight.

1 Like

Apparently there have been some major changes in the dairy program.
Beginning 2014 the old “diary price support system” was replaced with an insurance model that economists had been advocating for a long time.

  • It no longer results in government cheese.
  • Instead it works based on insurance payouts (basically class and puts on the futures market)
  • It did NOT result in a substantial downturn in milk production so apparently it now functions as a subsidy (which is much better than a price support.)
  • The easily-visible cost to taxpayers is quite low.


https://www.wsj.com/business/avocado-prices-tariffs-mexico-imports-3a951021

When the global economy collapses, avocados will be one of the first things to go.

Bread, on the other hand, will always be a staple.

■■■■■■■ avocados…