Quote:
Originally Posted by Freddy
Whether land is used for conservation or any other non-farm use does not matter. The fact is that reduction of arable land means less supply and higher prices. The reference you suggested confirms this no matter how noble the motive.
"Even with reduced yields because of a dry year, Grimm made a profit of about $300 an acre after expenses. CRP would have paid just over $100 an acre."
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Ah, Grimm and his 30 acres of wheat on steeply rolling land. 30 x 300 = $9000 dollars. But this isnt farm subsidy money so its irrelevant.
I did look up and 1 bushel of wheat produces around 50 lbs of flour. Should help you do the math on what the farmers take per loaf of bread is. Thats whole wheat, not wonder bread which is a mix of several grains.
