X3

Debt reduction, forgiveness and other programs have been a part of the agriculture culture for decades. Minorities are the latest and more targeted in their scope. Subsidies have been a part of farm production for over 70 years in some form or another with many of the crops benefiting the most being from the south as the Democrats held power in the senate from the south until the 1980s as there was no GOP really in the south prior to that time and their tenure gave them control of most or heads of most committees. Yes it sounds great to eliminate the farm subsidies and over time that may well be the outcome. The real short term impact would be huge losses of wealth and assets in the major commodity crop producing regions. This would lower land prices, building value, machinery and the communities that benefit from the higher values. It would not take to much of lowering of values for a few very wealthy, companies, individuals or countries to buy up a lot of production resources. These buyers most likely would easily out bid the hundreds of thousands of lower equity individuals who would like to be bidding on those assets. The central plains, midwest and southeast rural areas would be hurt the most as they have the most acreages of commodity producing land and the crops that receive subsidies.

Bryce

Here's what the Soviets did:

• arrest all the farmers and send them to gulags.
• install government managers to run the farms.
• transport all the food to the cities and starve the conservative, independent-minded rural communities until they were gone.

I guess we'll all get to see how long a nation, the most indebted in world history, can continue to borrow money from those who are not from America, and continue to give massive amounts of this indebtedness out as stimulus, reparations, loans, assistance, security, stipends, payments, retribution, installments, guidance, governance, incentives, welfare, equity, safety, prosperity, protection and about 1,000 other categories.

My money says that those who delight in the indebtedness of America are toasting their wine goblets often these days.
While Americans continue to claim we are free.

He who holds the yoke rope steers the ox my friends.
Every farmer knows that.

Blessings,
Mark

I wonder if very many minority have government loans? I have a second cousin that had about 600 thousand dollars worth of government loans that he had just got. He had bought some cattle and 200 acres or so. From what I hear every bit was forgiven, so guess he has all that for free now. He has a Indian card like me and is probably 3/64th maybe. But I was told he is debt free. He is a basketball coach. I know of only one black man to get his loans forgiven.

Working for farmers and even expanding my gardening a bit has brought me to the realization it doesn’t take much to ruin a crop however even rebels need to eat. The good news is the communists want all electric vehicles in the near future. This will put the food supply on trains which have no secrets about where they will be.

I had the same question on my mind too.

Bryce,

I fully understand that without subsidies there would be a direct negative effect to the rural economy, but are all these subsidies fair to the rest of the taxpayers in the United States. Government subsidies were designed to be safety nets, not an above average guaranteed income.

Is it fair that farmers are able to amass fortunes in land and equipment at taxpayers expense? These subsidies have artificially raised the price of land. There are government programs for just about ever facet of farming from grain crop insurance subsidies to livestock subsidies to set aside subsidies and more.

What I see in my area are farmers who have gotten hundreds of thousands of dollars of taxpayers dollars the past years and have bought land, machinery, built nice houses, etc. I don’t begrudge anyone from having these things, I just don’t think my taxpayer dollars should have paid for them.

I do not know what the answer is to all this is as our representatives believe they need the “farmers vote” even though the farmers and ranchers are definitely in the minority of voters and if anyone says against the programs that person is chastised.

No one gets a subsidy because they are White, lets not be obtuse and pretend that is irrelevant.

I did not say they were fair or even that great of a system or method of how to ensure a food supply and to allow high enough revenues to continue to produce during low return times, but it is the system we have based on initial and new farm bills every 5 years since the end of WW11. One of the main reasons that food continues to be relatively low cost in the USA is that with subsidies the processors and marketers can buy food and feed below production costs and the difference plus or minus a high or low profit is made up by the government and not the market. High prices is the best way to keep the government subsidies low or not a factor. High prices also attract non ag wealth to the food industry. Most very wealthy companies don't invest in food or fiber as there is far too much expense in production, huge overhead fixed costs and very variable prices.


Bryce

What percentage of the cost of a loaf of bread is the actual cost of the wheat that is in it? Last I looked I believe it was 6 to 8 percent. Wheat could double and bread would go up.less than 10%.

It’s either subsidize to keep food affordable or subsidize the buyers so they can pay the true cost to produce it.

I believe most farmers use the money more wisely than the current crop of food stampers. That could change with the increased number of participants that would need the program to eat.

If the wheat jumped out of the field and into the bread it would be very cheap, but it doesn’t.

We either keep moving to more of a socialist system or start moving away from it......

There is plenty of food left in the field to be gleaned but it is easier for someone else to hand out a check.

Hobbie do u not get it the the cost of most commodities play a small part in the cost of food???
So the argument for government subsidies to cheap food cheap kind of goes out the window doesn't it?

What? lol

Grain prices could triple and farmers to take the margin of profit out of it by paying more for land either in rent or actual purchase.

Way over your head isn't it.lol

Just for the record I have been involved in agriculture my entire life and make my living in it