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I'm sure with falling prices the market will correct itself. I was going to make a snarky comment about US dairy subsidies, but aside from a billion dollar giv
by mratzloff 8y ago
I'm sure with falling prices the market will correct itself.
I was going to make a snarky comment about US dairy subsidies, but aside from a billion dollar giveaway in 2009, those are almost nothing today. $370,000 in 2017.
- lprubin 8y agoIt sounds like these dairy subsidies fluctuate greatly. In 2016, the dairy industry asked the U.S. Department of Agriculture (USDA) for a staggering $150 million to buy their excess cheese. A spokesperson for the National Farmers Union said they were disappointed to receive “only” $20 million. [0] And according to this 600 page Canadian report, indirect subsidies are also a huge factor and contribute to 73 percent of producer returns coming from subsidies. [1] The American government contributed around $22.2 billion in direct and indirect subsidies to the dairy sector in 2015. [0] https://thehill.com/opinion/energy-environment/377406-dairy-industry-doesnt-deserve-american-taxpayer-bailout https://thehill.com/opinion/energy-environment/377406-dairy-... [1] https://www.realagriculture.com/2018/02/u-s-dairy-subsidies-equal-73-percent-of-producer-returns-says-new-report/ https://www.realagriculture.com/2018/02/u-s-dairy-subsidies-...
- kylek 8y agoIf you're interested in this you can dig deeper at https://farm.ewg.org https://farm.ewg.org