Trump’s Tax Bill Expands Farm Subsidies. Not All Farmers Will Benefit.

A $60 billion boost to farm subsidies will be a lifeline to some. But the way the funding will be distributed could worsen disparities between farms in an industry already struggling with consolidation.

The New York Times

A recent analysis reveals that EU farm subsidies have disproportionately benefited billionaires, raising questions about the fairness of agricultural support.

#EU
#FarmSubsidies
#Agriculture

👉 Read more: globalcommons.onrender.com/international/eu-farm-subsidies-benefited-billionaires-analysis-shows/

‘Welfare for the rich’: how farm subsidies wrecked Europe’s landscapes

The steep and stark environmental decline was not supposed to happen under the common agricultural policy

The Guardian
kim_harding ✅ (@[email protected])

Revealed: The Climate Denial Network Behind ‘Classic Astroturf’ Farmers’ Campaign https://www.desmog.com/2024/02/08/revealed-the-climate-denial-network-behind-classic-astroturf-farmers-campaign/ Producers say ‘No Farmers, No Food’ is a populist initiative that serves to “whip up indignation and anger”. #ClimateChange #ClimateDenial #ClimateCrisis

mastodon.scot
#Iowa - #FarmSubsidies are on the line! #Trump believes that it is wasteful spending, remember this when you go to the #IowaCaucuses tonight and make a stand to save your state’s lifeline, your #farmers with @NikkiHaley 💕👨‍🌾🚜🌽🐖🐓🥩🥚 #Agriculture #Agribusiness #Farmers4Haley

#CatoInstitute’s Chris Edwards on how #farmsubsidies distort the economy, harm the #environment, and flow mainly to the largest producers. If #farm #subsidies were cut, there would be shifts in the crops planted and the use of land. #Farmers would adopt new risk management strategies, and there would be more focus on #innovation and cost control.

https://www.cato.org/briefing-paper/cutting-federal-farm-subsidies

So 7 years since you thought #brexit would be spiffing and spaffer #borisjohnson promised you all the subsidies the EU gave you, it has finally dawned and the lies no longer resonate.

Well better late then never eh?

#farmsubsidies
#defra
#nfu
#ripoffsupermarkets

https://www.theguardian.com/politics/2023/may/16/farmers-dismiss-sunaks-farm-to-fork-summit-as-an-empty-meeting?CMP=Share_AndroidApp_Other

No 10 food summit ‘no more than a PR stunt’ and failed to tackle key issues

Rishi Sunak’s Farm to Fork meeting, the first of its kind, failed to address solutions to inflation, soaring costs and food security, say attenders

The Guardian
Want fiscal responsibility? Stop paying wealthy farmers.

Every five years Congress doles out billions of dollars to farmers who don't need it. The 2023 farm bill gives lawmakers a chance to change that.

The Washington Post
Updated EWG Farm Subsidy Database shows largest producers reap billions, despite climate crisis

EWG’s newly updated Farm Subsidy Database shows that federal farm subsidies between 1995 and 2021 totaled $478 billion. This huge amount of taxpayer money does almost nothing to help farmers reduce their greenhouse gas emissions or adapt to adverse weather conditions caused by the climate crisis.

Environmental Working Group

I'm so old I remember when Trump just GAVE billions to (white, Republican) farmers. No Congressional appropriation... just before the election.

Dems did nothing.

https://www.reuters.com/article/us-usa-election-farmers-aid/trumps-payments-to-farmers-hit-all-time-high-ahead-of-election-idUSKBN2741D4

#Trump #Democrats #farmsubsidies

Trump's payments to farmers hit all-time high ahead of election

U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020.

Reuters