Just like if, all health insurance ended tomorrow, most won't miss it. Today, anyhow.
Farming doesn't sustain itself through the long term.
Govt subsidies are a way to keep farmers farming in good times and bad; to keep food costs relatively cheap all the time; and to keep lots of food available all the time.
Food is a staple, we all _need_ it. We get very unhappy if it runs low, gets too expensive.
As world events change, food supplies and prices change.
Other industries work it out by shutting down production, or hiring overtime work, or charging more, or paying less wages.
Farming - most of the food on your plate started out 2 years ago as someone planting something. If we let food ebb & flow like other things, we face these long-term shortages.....
So the govt subsidies - which most countries do, USA is one of the smaller deals - is an insurance policy to keep pentiful cheap food available.
Like a health insurance policy, it looks lika silly and useless when you are healthy & feel good and have no worries.
But, someday...........
Same with the farm subsidies. We are in a period of pretty good times, good prices. But someday.......
Right now the farm subsidies are very low. They will kick in higher again when - not if but when - farm proces go to heck and farming will be very poor again.
It always looks like a good idea to cut an insurance policy when everything looks real good and healthy.
But it always turns out to be a real foolish idea.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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