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Can you show the calculation where subsidies to food are greater than the cost of regulation of food? Sugar is particularly regulated, with the government stri
by thowfaraway 10y ago
Can you show the calculation where subsidies to food are greater than the cost of regulation of food?
Sugar is particularly regulated, with the government strict quotas and tariffs on imports, and domestic allotments to produces. If you produce more than your allotment, it is illegal to sell in the US. The whole scheme is to hold prices high to support famers (agribusiness really), not low.
- dalore 10y agoSugar is regulated and the price is kept high for farmers. But not for the consumers which is my point. Farmers are given subsidies in all crops so they can sell them in the global market at below market rates, not only for the population, but to compete with out countries doing the same thing.