Originally posted by chuckChuck
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Careful what you wish for: commodity groups ditch Sustainable Agriculture Strategy
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Pesky qualifiers. Not a subsidy to me. Or any neighbors I can think of. But once evey 20 years it allows me to pay bills. And provincial governments raid the surplus.
Last I checked I didn't have shite for brains.
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Poor socialists pick up a rifle.
Affluent, a bullhorn.
Affluent socialists have the luxury of ignoring the rules of money. Productive dollars replaced with non producing dollars. Profit reviled. Because they're not hungry and their foil a pulpit.
Hate shadows reason for both.
Affluent socialists like Chuck, have other reasons for their hate.
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I'm willing to farm without insurance if everyone else does. The affluent will be fine. But some will then karen on about industry consolidation.
Insurance only temporarily stabilizes it doesn't guarantee status quo.
Like the scene in Hell or High Water.
"What don't you want?"
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Rather than speculate, AFSC publishes the numbers.
Producers share of the premiums in 2023 was ~ $615 million. Total payouts were~ $1,002 billion .
So producers did receive 60% more back than they paid.
Since $615 is only 40% of the premium, the total premium would be over $1,500 million. So the taxpayer subsidy to the farmers pocket was $387 million. A lot smaller than the remaining $535 million premiums.
How much of that was a subsidy to the civil servants who administered the program? Looks like they may have received a bigger share of the subsidies than the farmers.
Doesn't look very efficient.
Abolish the entire enterprise.
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One benefit to eliminating all interventions would be reducing troublesome rural votes.
Maybe that's Chuck's plan.
Wouldn't apply to railroads tho.
Although our milk would be cheaper.
"What don't you want?"
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I can afford to agree with you A5.
At $7500/acre, I can sell out and be just fine.
But in 2002 for just one, most farms here without ins never fully recovered if at all.
I don't have the answers. But insurance is a small example of govt expense comparatively. Possibly a return to the economy. Tax revenue loss may even make it up.
As consolidation ramps up who knows?
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Keep Hail insurance in place , but just company's with no government involvement whatsoever , then we have fair competition
it would be fine with me if all the production insurance was ended ,all i would ask for is some tax changes to allow farmers to put more cash aside in the good years to get them trough the lean years , i am working on my own plan regardless , often take half a crop over into next year in the bins , plus deferred sales
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