Over the past two months, protests by European Union farmers have been staged across Germany, the Netherlands and Romania railing against new EU regulations and cuts to agricultural subsidies.
Over the past two months, protests by European Union farmers have been staged across Germany, the Netherlands and Romania railing against new EU regulations and cuts to agricultural subsidies.
Transcript
Over the past two months, protests by European Union farmers have been staged across Germany, the Netherlands and Romania railing against new EU regulations and cuts to agricultural subsidies.
Many of the protests have gone beyond carrying signs and chanting slogans to dumping manure outside government offices and blocking traffic.
Last week, German farmers were protesting against planned changes to diesel fuel tax cuts, removal of a tax break for farm vehicles and an increase in the carbon dioxide tax paid by everyone from farmer to urban dweller.
This week, French farmers slowed traffic and marched in front of E.U. headquarters in Brussels calling for higher subsidies and a reduction in what they call excessive regulation.
Many of the country's farmers say they are struggling to make ends meet due to unfair competition from other countries, fallout from the Russia -Ukraine war, a high inflation rate and cumbersome environmental regulations.
As the columns of tractors slowly approach Paris, a few federal government officials have shown their support for farmers by asking local authorities to not send police to break up the protests.
France is the E.U.’s largest agricultural producer with an annual output valued at $9.8 billion.
For Market to Market, I’m David Miller.
Watch More
USMCA and other global trade are vital to rural America as discussed in our Market Plus.
Data centers, inflation, oil and USDA reports dominate our Market Analysis with Chris Robinson and Ernie Goss.
USDA sends two reports into the world this week for acres and stocks. A mid-year review of the economic picture in rural America. And, commodity market and economic analysis with Chris Robinson and Ernie Goss.
Shawn Hackett talks how the reoccurring drought in Europe might be enough for a short rally in corn.
The Senate goes to work on Farm Bill 2.0. State and Federal laws collide as the Supreme Court rules in favor of Monsanto. A growing effort to protect farmland from development. And, commodity market analysis with Shawn Hackett.
Super El Nino is part of the discussion in the commodities markets with our Market Analyst Shawn Hackett.