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DewDiligence

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DewDiligence

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Re: DewDiligence post# 16676

Tuesday, 12/18/2018 9:06:44 AM

Tuesday, December 18, 2018 9:06:44 AM

Post# of 29444
USDA’s 2018 farm assistance=$9.6B (nominally to offset tariffs):

https://www.wsj.com/articles/u-s-prepares-more-payments-to-trade-hit-farmers-11545089112

The USDA’s plan includes direct cash payments to producers of soybeans, hogs, sorghum, dairy products, cherries and other goods. The USDA is also spending $200 million to promote U.S. farm goods in other export markets, and is buying up to $1.2 billion worth of such commodities, which will be distributed to food-assistance programs.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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