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Re: USA FArm Subsidies.Socialism? Corporate welfare?
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Originally Posted by Cedars
You only investigated a portion of the answer. Next time you visit your baker ask how many ounces of wheat go into a loaf of bread. You will be surprised at how little of that money is going to the farmer. If I remember right, its around 8 ounces of wheat for a pack of hotdog buns.
You will need to do a bit of math. How many pounds of wheat does a bushel produce after milling? Usually the wheat your baker is using was harvested 3-6 months previously. So look at what the market was paying then.
The hike in your price did not result from the farmers profit taking. But, the top end of the subsidy is set, so thats not going to change.
Paying farmers not to grow is related to land and water conservation efforts.
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Give me a break! It is called price supports.
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"Those who forget to remember the past are condemned to repeat it", George Santayana
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