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Have you considered just how much of the international surplus the US produces, and how much of the total production it currently consumes? I suspect running t
by lief79 5y ago
Have you considered just how much of the international surplus the US produces, and how much of the total production it currently consumes?
I suspect running the numbers would indicate a clear international need for the US breadbasket, and not a decrease in overall cost due to a large drop in supply.
- aeternum 5y agoThe US is only the world's largest producer of corn, and of that, 40% is turned into fuel (ethanol) and 36% is fed to animals. 20% is exported, where again a significant amount is used for animal feed & ethanol. So meat and maybe gas would become slightly more expensive but the world would most certainly not starve.
- intended 5y agoAgriculture is one of the more subsidized and protected industries around the world. Sugar from the desert levels of subsidies. Farmers and Food are a voting group and commodity that will always be catered to and protected, no matter what the economic cost.