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There is a documentary called king corn which basically showed that all profit in the corn industry is basically from subsidies. Without the subsidy, corn is no
by newguy1234 7y ago
There is a documentary called king corn which basically showed that all profit in the corn industry is basically from subsidies. Without the subsidy, corn is not profitable to grow in the United States. Also the bigger beneficiaries are actually larger AG companies that benefit from being able to buy artificially low value corn to make their products. In essence, the corn subsidy is a welfare program not for the "family owned farm" it is for large corporate food processors like coca-cola, pepsi, cargil etc.