U.S. farmers who voted for Trump are feeling the pain from shutdown of federal programs

Cypress

Well-known member

U.S. farmers who voted for Trump are feeling the pain from shutdown of federal programs​

During the 2024 presidential election, farming-dependent counties overwhelmingly voted for Donald Trump. Almost 78% endorsed his most recent presidential run, and a similar — albeit slightly smaller — percentage backed Trump in 2020.

But President Trump’s early 2025 policies are hurting farming communities. And now, some of those voters may be regretting their decision.

Since taking office, President Trump has effectively shut down USAID, a program designed to provide humanitarian relief abroad, causing immediate impact to USAID workers and struggling communities overseas.

But as PBS NewsHour reveals, the pain is being felt on home soil, too by farmers, too, as USAID buys roughly $2 billion of products from farmers every year, it’s also caused a world of distress for U.S. farmers

Roughly 86% of the companies that have contracts with USAID are American, according to aid data company DevelopmentAid. USAID Stop-Work, a group tracking the impact of the recent shutdown, says USAID contractors report laying off nearly 13,000 American workers, including those affiliated with a program at the Soybean Innovation Lab which has opened international markets to U.S. farmers.

In addition to shuttering USAID, the Trump administration has frozen a number of USDA programs, putting billions of dollars in loans and grants promised to farmers at risk, including renewable energy programs and programs promoting new crops.


Now farmers who invested thousands of dollars in crops, solar energy and other initiatives upfront expecting money back are frustrated. That includes farmers like Travis Forgues, who invested in a new solar array to power his operation.

“You can’t have people spend this kind of money and then just pull the rug,” Travis Forgues told Midwest Investigates. “I didn’t spend the money thinking maybe I’ll get it back. I spent the money because we had a signed contract.”

Tariffs and immigration laws hit farmers, too.

Farmers are also feeling an outsized impact from the Trump administration’s policies on tariffs and undocumented immigrants.

Chuck Nicholson, associate professor of agricultural and applied economics at UW-Madison, told Wisconsin Public Radio that the combination of tariffs and deportations "will pose some pretty significant economic challenges for the farmers of Wisconsin and the U.S. generally."

Equipment that U.S. farmers rely on is often imported. Adding tariffs to the costs of equipment imported from China, Mexico, Canada and other countries will squeeze American farmers.

In addition, the U.S. imports 80% of its potash — used in fertilizer — from Canada. American farmers would have to recoup the 25% extra they would pay in tariffs on Canadian products. The end results of these costs may be passed onto consumers in higher prices.

Trump’s tariffs could also trigger retaliatory tariffs on U.S. products in other countries, as they did during his first administration, hurting prices and international demand for products like soybeans, pork, and dairy.

 
March 4, 2025
Michael Langemeier and James Mintert, Purdue Center for Commercial Agriculture

A breakdown on the Purdue/CME Group Ag Economy Barometer February results can be viewed at https://purdue.ag/barometervideo. Find the audio podcast discussion for insight on this month’s sentiment at https://purdue.ag/agcast.
Download report (pdf)

Farmer sentiment improved in February as the Purdue University-CME Group Ag Economy Barometer climbed to 152, 11 points above a month earlier. An improvement in the current situation on U.S. farms was the primary driver behind the stronger sentiment among producers, as the Current Conditions Index reading of 137 was 28 points above January’s reading. There was relatively little change in producers’ assessment of future prospects as the Future Expectations Indexrose just 3 points in February to 159. This month’s rise in the Current Conditions Index capped a long climb from the doldrums of late summer and early fall 2024 when the index bottomed out at a reading of 76. A sharp crop price recovery in the last several months, which was augmented by expectations for receipt of disaster payments authorized by Congress, combined with strength in the U.S. livestock sector, contributed to producers’ improved appraisal of conditions on their farms and in the U.S. agricultural sector. Despite the big improvement in the Current Conditions Index, the February Future Expectations Index was still 22 points higher than the current index, suggesting that farmers expect conditions to improve further. The February barometer survey took place from February 10-14, 2025.

 
March 4, 2025
Michael Langemeier and James Mintert, Purdue Center for Commercial Agriculture


Download report (pdf)


Farmer sentiment improved in February as the Purdue University-CME Group Ag Economy Barometer climbed to 152, 11 points above a month earlier. An improvement in the current situation on U.S. farms was the primary driver behind the stronger sentiment among producers, as the Current Conditions Index reading of 137 was 28 points above January’s reading. There was relatively little change in producers’ assessment of future prospects as the Future Expectations Indexrose just 3 points in February to 159. This month’s rise in the Current Conditions Index capped a long climb from the doldrums of late summer and early fall 2024 when the index bottomed out at a reading of 76. A sharp crop price recovery in the last several months, which was augmented by expectations for receipt of disaster payments authorized by Congress, combined with strength in the U.S. livestock sector, contributed to producers’ improved appraisal of conditions on their farms and in the U.S. agricultural sector. Despite the big improvement in the Current Conditions Index, the February Future Expectations Index was still 22 points higher than the current index, suggesting that farmers expect conditions to improve further. The February barometer survey took place from February 10-14, 2025.


From your own link:

"U.S. farmers’ concerns about trade policy was also evident when they were asked about the likelihood of a “Trade War” that results in a significant decrease in U.S. agricultural exports. Forty-eight percent of farmers in this month’s survey said they think a “Trade War” is either “likely” (29% of respondents ) or “very likely” (19% of respondents)."
 
From your own link:

"U.S. farmers’ concerns about trade policy was also evident when they were asked about the likelihood of a “Trade War” that results in a significant decrease in U.S. agricultural exports. Forty-eight percent of farmers in this month’s survey said they think a “Trade War” is either “likely” (29% of respondents ) or “very likely” (19% of respondents)."
Pay attention to this survey in future months and see what happens...not everyone assumes that we lose at trade war.......Trump certainly does not.
 
Thanks for the tacit confession that you didn't even read your own link.
Frantic Googling can lead to oversights like that.
I did no such thing......even as some worried about a trade war a few weeks ago farmers were feeling better about their future.

We'll See what happens next.
 
I did no such thing......even as some worried about a trade war a few weeks ago farmers were feeling better about their future.

We'll See what happens next.
Farmers remember that Trump will give them government taxpayer bailouts as his trade policies fail and cut into their profits.

I sure would like the government to guarantee and inherit any risks I take. I'd be optimistic about risk in that case too.
 
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