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NW MN | I’m really thinking this is just bad reporting because the thrust of the second paragraph makes no sense. I’m hoping Mr. Neblett is being misquoted or misunderstood by the reporter. What is the either or choice when it’s comes to the bailout? How does he accept a massive loss by taking the bailout?
From the article:
“Rives Neblett has farmed grain, soybeans and corn in the Mississippi Delta for decades, but after the past year he’s asking himself how much longer he can keep his operation going.
The longtime farmer owns 6,000 acres on which he produced approximately 450,000 bushels this past year. But, because of falling prices directly driven by President Donald Trump’s trade wars, Neblett faces two unpleasant choices: He can either take a massive loss by accepting the bailout money that the White House offered as part of a $12 billion package to farmers — an opportunity the administration capped at $125,000 per farmer — or face an inhospitable market price at a two-decade low.” | |
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- RE: He owns 6K acres, but he's not sure he'll be able to make it? Only on nbcnews... - Illinois Steve : 12/31/2018 13:48
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- The question is - Rockman : 12/31/2018 19:31
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He owns 6K acres, but he's not sure he'll be able to make it? Only on nbcnews...
