Not an important state at all in a presidential race, right?  <<<<sarcasm

'The bleeding hasn't stopped yet' for U.S. dairy farmers

As U.S.-China trade tensions continue and the United States-Mexico-Canada Agreement (USMCA) awaits ratification, American dairy farmers are hurting.

“It’s not been easy,” Patty Edelburg, vice president of the National Farmers Union, told Yahoo Finance. “We’ve lost a lot of farms in Wisconsin. Last year, we’ve lost close to 7,000 farms. We see the numbers haven’t stopped. The number of farm bankruptcies and the number of farm sell-outs in Wisconsin just hasn’t stopped. The bleeding hasn’t stopped yet.”

Total U.S. dairy exports have been down since trade tensions ramped up over the last year: As of June 2019, total exports were down 8.1% year-to-date compared to 2018, according to data provided to Yahoo Finance by U.S. Dairy Export Council, and exports to China dropped by over 7%.

“Since the tariffs were first imposed, U.S. dairy product exports have plummeted 43%,” a recent note from Wells Fargo Securities Economics Group stated. “With exports down so sharply, many farms have run into trouble.”

‘Wisconsin suffered the most bankruptcies’

Wells Fargo noted that “Wisconsin suffered the most bankruptcies and dairy losses from the trade war.” Farmers who spoke with Yahoo Finance were feeling the pain.

“It doesn’t take a huge percent to change the market,” Edelburg said. “If we lose 1% of our market, it could drop the milk price down a couple dollars. It doesn’t take long to see a fluctuation in price when it comes to any type of trade.”

Wayne Gajewski, a Wisconsin dairy farmer, said that “times have progressively gotten worse” over the last three to four years. To him, though, reaching a resolution with China on trade is just as important as getting the USMCA ratified.

“They’re both part of the full picture,” Gajewski said, although he noted that the USMCA is more in focus due to the “big, close trading partners” involved. “It would be nice if we can get that ratified because I think if you totally eliminate those trade barriers, it’ll benefit all three of our countries.”


https://finance.yahoo.com/news/dairy-farmers-trade-war-182208360.html



7000 farms lost in Wisconsin.  7000...!

trump only won Wisconsin by 22,700 votes.

You think that's gonna happen again?  No way in hell.

A dirty sock will do better than trump in Wisconsin.