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They have cut the gimmedats a lot recently

Posted on: January 20, 2023 at 14:28:28 CT
JayHoaxH8r MU
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still a good gig now that' they've bought up all the land and have new machines.

Meanwhile, CBO has reduced its estimate of the cost of commodity programs — which are designed to trigger when market prices fall — due to a surge in commodity prices that started in 2020.

CBO estimates farmers will receive just $480 million in Price Loss Coverage payments in FY23 and $422 million in FY24. That’s down from the $838 million and $2.3 billion CBO had previously estimated in 2021 for those years. PLC payments trigger when market prices fall below the program's reference prices. The Agriculture Risk Coverage county-level program, which triggers payments based on fluctuations from a moving five-year average, is expected to pay out a total of just $76 million for FY23 and FY24.

CBO expects farmers to receive an average of $6 a bushel for their 2022 corn crop but just $4.45 in 2023 and $4.10 in 2024 before remaining relatively flat in ensuing years. Market prices are expected to decline sharply for other commodities as well. As a result, total PLC payments for all commodities are expected to rise to $5 billion by FY27 and FY28.

Edited by JayHoaxH8r at 14:28:54 on 01/20/23
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Iowa Republicans: Let them eat Gerber's - JG A - 1/20 14:13:16
     The Des Moines Area Religious Council needs to pony up - Spanky KU - 1/20 14:24:41
          start taxing church property . Voila - JayHoaxH8r MU - 1/20 14:30:34
     Yep, not only are they threatening "democracy" but - Newcatbirdseat MU - 1/20 14:21:49
     SNAP should go away - meatiger MU - 1/20 14:17:10
          But then how would our poor poor - JayHoaxH8r MU - 1/20 14:19:12
               Instead of gas being 10% ethanol it will be 100% - El-ahrairah UGA - 1/20 15:25:32
                    Where is this inedible corn?(nm) - meatiger MU - 1/20 15:28:21
                         RE: Where is this inedible corn?(nm) - El-ahrairah UGA - 1/20 15:32:05
                              Oh. So it is edible(nm) - meatiger MU - 1/20 15:49:21
                                   To goats(nm) - El-ahrairah UGA - 1/20 16:47:45
               The poor would actually get jobs and pay - Spanky KU - 1/20 14:43:51
                    or we might see salaries - meatiger MU - 1/20 14:45:43
                         What is the “correct salary” ? - Spanky KU - 1/20 15:10:12
                              that's about what they make now - ashtray UF - 1/20 16:17:56
                                   Yes. I rounded - Spanky KU - 1/20 16:34:49
                                        the correct wage is what the market dictates - ashtray UF - 1/20 17:49:33
                                             So not $30k for entry level fast food flunkies - Spanky KU - 1/20 20:10:52
                              varies by person - meatiger MU - 1/20 15:13:24
               You survive off tax payer dollars (nm) - Sal CMSU - 1/20 14:39:37
               How would you get your food?(nm) - DollarSigns MU - 1/20 14:36:07
                    I own a farm - JayHoaxH8r MU - 1/20 15:06:52
                         Sure you do Bates(nm) - DollarSigns MU - 1/20 17:37:59
               they would still make the money - meatiger MU - 1/20 14:22:31
                    dirt farmers make a killing - JayHoaxH8r MU - 1/20 14:23:14
                         they both make and lose a lot of money - meatiger MU - 1/20 14:27:05
                              You have the last part right - JayHoaxH8r MU - 1/20 14:30:02
                                   Big farms can lost a LOT - meatiger MU - 1/20 14:31:00
                                        Yes - JayHoaxH8r MU - 1/20 14:31:41
                                             The 80 acre farm is pretty much a thing of the past nm - SparkyStalcup MU - 1/20 17:20:25
                                                  Yes about 4 decades ago(nm) - DollarSigns MU - 1/20 18:35:36
                         I really hope your retardation is an act (nm) - Sal CMSU - 1/20 14:26:26
                              RE: I really hope your impotence isnt (nm) - JayHoaxH8r MU - 1/20 14:35:49
                         not from SNAP (nm) - SwampTiger MU - 1/20 14:23:47
                              They have cut the gimmedats a lot recently - JayHoaxH8r MU - 1/20 14:28:28
                                   Those have nothing to do with SNAP - meatiger MU - 1/20 14:30:18
                                        RE: Those have nothing to do with SNAP - JayHoaxH8r MU - 1/20 14:31:03
                                             I understand SNAP - meatiger MU - 1/20 14:32:55
                                                  RE: I understand SNAP - JayHoaxH8r MU - 1/20 14:33:49
                                                       they would get paid via other means - meatiger MU - 1/20 14:35:53
                                                            I'm sorry you don't understand - JayHoaxH8r MU - 1/20 15:04:51
                                                                 you could stop posting like JG and instead clearly post - SwampTiger MU - 1/20 15:13:53
                                                            he's suggesting the farm subsidies wouldn't get passed - SwampTiger MU - 1/20 14:45:49
     wheat farmers in iowa are like - JayHoaxH8r MU - 1/20 14:16:56
          Cuz so much wheat is grown in IA, amirite?(nm) - DollarSigns MU - 1/20 14:38:15
               40000 acres - JayHoaxH8r MU - 1/20 15:10:10
                    So not so much, thanks.(nm) - DollarSigns MU - 1/20 17:37:12




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