Farm Aid or Farce? Another $12 Billion Proves Big Ag Still Runs the Show

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The administration is rolling out another $12 billion in “Farm Aid”, supposedly to help farmers hurt by the ongoing trade war—yet most of that cash, just like in 2018 and 2019, is poised to flow straight through the farmers and into the pockets of Big Ag giants like Bayer and Monsanto. With China falling far short of its promised soybean purchases and America doubling down on the same broken agricultural policies—ethanol mandates, corporate consolidation, and subsidizing bad incentives—we’re once again treating symptoms instead of fixing the system. From misguided crop priorities to farmland mismanagement, Chris calls out the waste, the politics, and the corporations cashing in while taxpayers foot the bill.

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it will have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
Stupid farm aid. Yeah, another ce I told you so
a moment. We told you this was coming. Yep. Twelve
billion dollars in farm aid. Yep. The administration is giving
away cash. Yep. There who did basically trying to help
out farmers hurt by the trade war. This is going

(00:40):
to include up to eleven billion and one time payments
to crop farmers under the Department of Agricultures newly designed
Farmer Bridge Assistance program. The rest of the aid will
go to crops not covered by the fb A farmers. Yeah,

(01:03):
China's not buying stuff again. We were we were told,
we were told that China. You know, they're gonna step
up there, gonna buy, They're gonna buy what was it
nine point seven five? You know, no, no, no, no, wait
was it more than that? It was twelve million tons
of soybeans by the end of the year. That's a

(01:28):
lot of ANIMAMMI. We are at December eighth right now,
they bought two point two five million, so that's nine
point seven five million short. Again, I didn't know whether
the President put that out there. I had, you know,

(01:50):
all of a sudden, they're gonna do They're gonna buy
all these soybeans and ship them there and sit on
them after they've already bought the soybeans from Brazil. Whatever
whatever this is. If we have to continue to dole
out billions upon billions to farmers, don't you think that

(02:12):
maybe we're doing something wrong when it comes to our
agricultural policy here in the United States. Back in twenty
eighteen twenty nineteen, Trump handed out twenty eight billion. Maybe
maybe we should maybe we should do things differently. Yeah,
if you'll listen to the show I mentioned where most

(02:34):
of this aid's going to go, Hey, it's good to
be Bear, it's good to be Monsanto, it's good to
be the big agricultural businesses out there, because again, they
now know how much money is going to be going
to farmers, and they can price accordingly their seeds and
fertilizer and all that good stuff so they can maximize

(02:59):
their profit. Maybe maybe we'd break up some of those companies.
And not allow them to control so much that market.
Maybe we get rid of our stupid ethanol policy here
in this country. I don't know. Maybe we start, you know,
using some of that corn from ethanol and maybe feed
and cows and maybe. Yeah, I'm just saying I don't

(03:20):
maybe raise the herd total as far as beef is
concerned here in the United States. I know. I can
go on and on and on the dumb crap we
do with great farmland here in the United States. I
always make fun of where I used to live, Long Island,
great farmland, fantastic. Oh, I got a great idea. Let's
give all sorts of subsidies so the farmers don't grow

(03:40):
anything and instead we'll have them grow grapes and make
it look like it's NAPA even though the wine sucks horrible.
It's horrid. I mean, it's undrinkable as far as I'm concerned.
Oh yeah, well, well garbage man. Oh, I don't know,
farm to table. Maybe we could use this area close

(04:04):
to New York City, grow the tomatoes, do all these
things and have it makes sense. But no, no, no, no, no,
no no no. Now we do things here in this country.
We got to make sure that we ship tomatoes all
the way from Florida all the way up to New York,
and you know, do things that way. I'm just saying,
you know, it might be good to you know, maybe
put on your menu what's in season, might be a
little bit healthier. Maybe everybody wouldn't be so damn obeese

(04:24):
around here. And I can go off on this crap,
but it is what it is, Okay. It's major corporations.
Big AG run in the show, Okay, is saying, people
that told you it's a great idea for you to
eat bloody frosted flakes for breakfast every damn day, give
me a break. Here we go another twelve billion dollars

(04:48):
to farmers, which again is gonna go farmers the middleman.
It's gonna go right to Big Agg. Watch dog on
Wall Street dot Com