The $6 quoted is the current market price (give or take a few cents) for old crop corn, sans subsidies. That is historically high, by a large margin. I think mo

The $6 quoted is the current market price (give or take a few cents) for old crop corn, sans subsidies. That is historically high, by a large margin. I think most would consider that to be quite the opposite of cheap. I will add that as a seventh generation farmer in Canada, where we have no real subsidies, we still grow just as much corn. It is a core part of our crop rotation, and even when it is a money loser, we still pretty much have to grow it at some point – you can get away with not growing it for a rotation or two, but it will catch up with you eventually. I assume the same is true for Americans in the corn belt. How much of a factor do the subsidies really play in those decisions, or is it just a part of their normal crop rotation (with the added benefit of not having the big losses we often have to deal with here)?