What's a farm program got to do with eating. Farmers keep claiming that farming is a business. So there should be no farm programs other than the same tax write offs enjoyed by other businesses. If a farmer fails because those programs get shut off then so be it. Another farmer who is making a profit will pick up the slack.
Frank: Crop insurance is subsidized because insurance companies know that almost every year in one area or another there are going to be massive losses. Eventually every farmer is going to have a loss. That drives up the cost of the insurance to the point hat a lot of farmers wouldn't be able to afford it or it would deprive them of any profit. While I don't like subsidies some private citizens get those subsidies too. Like SNAP (food stamps) and so on or federally subsidized flood insurance.
Gotta remember that the insurance company is gambling that they won't have to pay out much in losses. That helps keep rates in check. When you can expect to pay out to customers 100% over say a 10 year period that just isn't sustainable for an insurance company unless the rates are outrageous.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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