Sarah Taber
@sarahtaber.bsky.social
24K followers 1.6K following 3.3K posts
Small farmer, ex-farm worker, crop scientist. Here to talk food, farms, & money. patreon.com/farmtotaber
Posts Media Videos Starter Packs
sarahtaber.bsky.social
I imagine that like many, he simply figured losing your markets doesn't matter bc bailouts will be on the way.
sarahtaber.bsky.social
nope

the $ from farm programs always goes to the owners
dondanger.bsky.social
if he’s renting out the land wouldn’t the bailout money go to the renters?
sarahtaber.bsky.social
So here's the thing, the largest farms (including investors) benefit the most from bailouts. The conflict of interest is pointing towards "do bailouts," not "avoid bailouts."

did a whole video on it here etc www.youtube.com/watch?v=mD50...
AcreTrader, Bailouts, & The Future of US Farms
YouTube video by Farm to Taber
www.youtube.com
sarahtaber.bsky.social
Screenshot from the Scott Bessent "thousands of acres of soybean farms" story:
Screenshot from article. "The biggest potential conflict of interest for Mr. Bessent is his ownership of as much as $25 million of soybean and corn farmland in North Dakota. The land spans thousands of acres in Burleigh, Kidder, Eddy, Benson, and Wells Counties and earns Mr. Bessent as much as $1 million a year in rental income, according to his financial disclosure form."
sarahtaber.bsky.social
The 2018 farm bailouts were $20B, and the gov't had the money for them. (Funds for that bailout came from the USDA's Commodity Credit Corporation).

This time? The gov't is shut down, USDA has no budget for it, and they're asking for $50B.

www.nytimes.com/2025/10/07/u...
Trump to Unveil Farmer Aid as China Shuns U.S. Crops
www.nytimes.com
sarahtaber.bsky.social
With farm bailouts back in the news, it's a great time to remind everyone that US Treasury Secretary Bessent owns thousands of acres of of soybean farms.

www.nytimes.com/2025/08/13/u...
Bessent Has Yet to Fully Divest Assets, Raising Concern at Ethics Agency
www.nytimes.com
sarahtaber.bsky.social
or heck just make a couple mafia movies required viewing
sarahtaber.bsky.social
there's a rich kid TikToker who posts genuinely insightful stuff about the 0.01% & also about how her dad treats her like a princess

so many replies say "wow it's so great to have parents who are actually good people!"

and like. based on context clues he's definitely an eastern european oligarch
sarahtaber.bsky.social
Re: places where land can't be built on

I could make the same point w how my land situation is also not standard (currently urban farming, expanding to rural land this winter). But it still doesn't change the broader economics of rural private land, which are important & need to be talked about.
sarahtaber.bsky.social
"Separating the 'real' farmers from real estate investors" is really appealing but breaks down in real life. A lot of the biggest real estate developers in the US are just... the big farm families who own most of their home county. That's why the farm-to-housing pipeline is real.
sarahtaber.bsky.social
"Milords require more taxes from the people" is a real political discussion we're having in 2025
sarahtaber.bsky.social
We could have picked any other ancient cultural trait to weirdly hang onto in the 21st century. Like posting fascinus-es everywhere. That would have at least been funny

But no we had to go with an unironic "awww forgive us for being filthy dumb peasants, milords" mindset.

In Murica of all places!
sarahtaber.bsky.social
I'll take "things that make me wanna dump tea in a harbor" for one million dollars Alex
sarahtaber.bsky.social
Yep. We have a massive political machine for teaching normal people to feel shame & "oh I guess my opinions & needs are less Real & Important" because.... of not being landed gentry.

And it WORKS.
sarahvb.bsky.social
It‘s all just “decades of RW media have successfully convinced me that farmers are Real Americans and we City Folk are Not.” I have a lot of trouble escaping this mindset myself.
sarahtaber.bsky.social
If someone who owns $13M worth of property can't do enough with it in an entire lifetime to pay an estate tax, they probably weren't managing it well.

It's not good for society when incompetent people own a lot of resources.

"But they'll break up estates!" Yes. That is the point.
Reposted by Sarah Taber
staciajones.bsky.social
Yeah I was a licensed crop/hail (and prop/casualty) agent in Kansas for a few years and the people everyone thinks of as "small farmers" sometimes own, like, entire counties
sarahtaber.bsky.social
all due respect to the Farm Aid musician crowd but farm economics really just isn't their wheelhouse
sarahtaber.bsky.social
Oh yeah the 1980s farm crisis was also not what most people think it was.

Got a buddy who did a great podcast on it that... now gives a 404 error??? uh oh
sarahtaber.bsky.social
If I hear "investors want farms to fail so they can buy them all up!" I'm gonna throw something

The last thing farm investors want is farms to go bankrupt. Because they own farms.
sarahtaber.bsky.social
Thank you! It's so frustrating! A living wage for farm work is doable, it's not like we're trying to go to the moon here people