REPLY: This also part of the reason why for the first time in umpteen years our
agricultural imports will exceed our agricultural exports in value. So much
for our ag. exports helping with our balance of trade. Wall Street seems not
to care because they still think we just owe our deficits to ourselves, not to
foreigners. Or, if they are aware that foreigners do own a lot of our debt,
Wall Street thinks that they will never foreclose on it. Better to get a few
cents on the dollar than nothing at all or own the property, especially owning
the property. Banks rarely lose on bad debts when it comes being backed up
with property. Perhaps it is time we get off our notion that we are the
richest nation in the world. We just owe the most money. Some how I do think
of that as being rich.
Jim Cropper
On Fri, 17 Dec 2004 20:47:54 +0000, Gneisers wrote:
> > From Canadian Animal Net
> >
> >Dairy farmers to slaughter more cows
> >December 11, 2004
> >Associated Press
> >WASHINGTON -- The U.S. National Milk Producers Federation will,
> >according to this story, pay farmers to send nearly 52,000 cows to
> >slaughter over the next few months, removing 931 million pounds of
> >milk, or 0.55 percent, from the nation's supply, in an effort to keep
> >milk prices up.
>
> >
> >Vaughan Jones
> >Hamilton
> >New Zealand
>
>
> And this is being done because:
>
> >From Jan. thru Sept. 2004, the in-quota imports of butter into the US
> reached 5,758 metric tons (that's tariff - free) compared to 4,802 metric
> tons for the first three-quarters in 2003. The over-quota butter imports
> zoomed from 86 metric tons in 2003 to 8,130 metric tons in 2004.
>
> Hmmmm, 86 metric tons vs. 8,130 metric tons......I just repeat that so the
> huge increase in tons is duly noted.
>
> Cheddar cheese imports in the in-quota (tarrif - free) category increased
> by 4% to 11,965 metric tons. The over-quota cheddar imports increased from
> 222 to 564 metric tons.
>
> Among the commodities for which THERE ARE NO QUOTAS, imports of butter
> substitutes with less than 45% butter fat ballooned by 56% to a total of
> 13,633 metric tons. There was a slight increase of casein imports to
> 77,567 metric tons while chocolate block imports rose by 7% to 77,284
> metric tons.
>
> All of the above facts and figures represent activity during 3/4 of the year.
>
> Dave Gneiser
> former dairyman, now beef grazer
> WisCOWsin.
>
>
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