4 ms·
The site still reports commodity payments for the last several years - I don't know where you are getting that from: https://farm.ewg.org/region.php?fips=00000&
by legitster 4y ago
The site still reports commodity payments for the last several years - I don't know where you are getting that from: https://farm.ewg.org/region.php?fips=00000&progcode=total&yr=2019 https://farm.ewg.org/region.php?fips=00000&progcode=total&yr...
And it does seem the government continues to give direct payments to farmers - even though it is under the guise of the insurance program: https://www.fsa.usda.gov/news-room/news-releases/2021/usda-provides-1-8-billion-to-offset-market-fluctuations https://www.fsa.usda.gov/news-room/news-releases/2021/usda-p...
I would also not call the price protection programs an insurance program. Being able to sell at a certain price seems like a pretty strong and direct subsidy.
And the export credit, which is not overseen by the USDA at all, continues.
- randomdata 4y ago> The site still reports commodity payments for the last several years And when you look the breakdown you'll see when direct payments ended. Insurance is going to pay out, yes. That's what insurance is for... > I would also not call the price protection programs an insurance program. I would. It is setup as an insurance system. Price/income insurance isn't uncommon, even outside of agriculture. If you work as an employee, you are afforded access to similar insurance.