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Ag programs are byzantine and corn is subsidized several ways-- through price floors, crop insurance, the ethanol mandate, and import tariffs on sugar (which cr
by ckinnan 9y ago
Ag programs are byzantine and corn is subsidized several ways-- through price floors, crop insurance, the ethanol mandate, and import tariffs on sugar (which created the market for high fructose corn syrup, which is derived from corn). The model has failed in important ways and isn't directly transferrable to fruits and veggies. The biggest thing is that the value of the subsidies is capitalized into land prices-- there actually isn't a subsidy for corn at all, if you are new farmer, because you have to pay for it when you buy or lease land.