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You might lose your farm, but look on the bright side, Russian export markets are going to get bailed out
After Donald Trump won the presidency again, Rebecca Carlson was counting on this being the year things turned around for her 1,300-acre farm in northern Michigan.
The farm has been in her family for generations but has struggled over the past several years amid the rising cost of fuel, fertilizer and other operating expenses. Then, last year, bad weather wiped out much of her crop. But the return of Trump, she thought, would help reverse things.
“I was expecting to see a drastic turnaround for the better for my farm because the Republicans have always been for the American farmer,” said Carlson, a longtime Republican and Trump supporter.
Prices for cherries, her main crop, had increased during Trump's first term after his policies cut down on competition from overseas, and she was hoping to see a similar economic boost this time around. Instead, her farm has been caught up in the widespread government funding freezes, jeopardizing her ability to hire the workers she needs for this season's harvest. It could leave her $200,000 in debt if she's unable to access the grant money that had been awarded to her farm.
https://www.nbcnews.com/news/amp/rcna197320
The farm has been in her family for generations but has struggled over the past several years amid the rising cost of fuel, fertilizer and other operating expenses. Then, last year, bad weather wiped out much of her crop. But the return of Trump, she thought, would help reverse things.
“I was expecting to see a drastic turnaround for the better for my farm because the Republicans have always been for the American farmer,” said Carlson, a longtime Republican and Trump supporter.
Prices for cherries, her main crop, had increased during Trump's first term after his policies cut down on competition from overseas, and she was hoping to see a similar economic boost this time around. Instead, her farm has been caught up in the widespread government funding freezes, jeopardizing her ability to hire the workers she needs for this season's harvest. It could leave her $200,000 in debt if she's unable to access the grant money that had been awarded to her farm.
https://www.nbcnews.com/news/amp/rcna197320
U.S. Agrees to Help Russia Boost Exports in Black Sea Truce
The Trump administration agreed to help Russia increase exports of its grain and fertilizer to global markets, as part of a U.S.-brokered deal between Russia and Ukraine to eliminate the use of force in the Black Sea.
Ukrainian strikes with missiles and seadrones have forced the Russian Navy to withdraw from large parts of the Black Sea, and Russia’s sales of grain and fertilizer have been curbed by European sanctions designed to punish Moscow for its invasion of Ukraine.
The Group of Seven countries, including the U.S. and the U.K., placed severe restrictions on the access of Russian vessels to European ports, moves that initially drove up global fertilizer prices and depressed Russian exports of the products. The countries also banned transactions with most of the largest Russian banks, making payments for fertilizers and grain more difficult.
https://www.msn.com/en-us/money/markets/u-s-agrees-to-help-russia-boost-exports-in-black-sea-truce/ar-AA1BDA29
The Trump administration agreed to help Russia increase exports of its grain and fertilizer to global markets, as part of a U.S.-brokered deal between Russia and Ukraine to eliminate the use of force in the Black Sea.
Ukrainian strikes with missiles and seadrones have forced the Russian Navy to withdraw from large parts of the Black Sea, and Russia’s sales of grain and fertilizer have been curbed by European sanctions designed to punish Moscow for its invasion of Ukraine.
The Group of Seven countries, including the U.S. and the U.K., placed severe restrictions on the access of Russian vessels to European ports, moves that initially drove up global fertilizer prices and depressed Russian exports of the products. The countries also banned transactions with most of the largest Russian banks, making payments for fertilizers and grain more difficult.
https://www.msn.com/en-us/money/markets/u-s-agrees-to-help-russia-boost-exports-in-black-sea-truce/ar-AA1BDA29
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