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Old 05-22-2008 | 01:34 PM
  #15  
CZ2506
Fork Horn
 
Joined: Mar 2005
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Default RE: Cost of Corn

ORIGINAL: bryant1

ORIGINAL: salukipv1

It's ridiculous that corn is going up, we already have to much of the stuff, ie high fructose corn syrup.....used in place of sugar in everything! then corn ethanol.....not really much help there, just making corn cost more.

it was just stated on one of the news shows about farm subsidies......a farmer can earn up to 1.5million dollars a year and still qualify for subsidies.....that one needs explaining to me.....IMO there are few areas where we need all these subsidies.....
I dont want to sound like a jerk, but it is not the farmer's fault- They are not making anymore than they usually do with all their rising operationing costs (diesel, fertilizer, etc). It is this stupid ethanol craze- besides how many farmers do you really know that make millions of dollars farming?Alot of the farmers i know arealways barely getting by, and need help with these subsidies..
US Congress just passed the 2008-9 Farm Bill. $300 Billion. Of that amount $40 Billion is for farm subsidies and CRP. Most of the balance is for food stamps and other entitlement programs. The idea behind subsidies is not to make farmer rich (or even to keep them from going broke), it's to make sure the USA dosen't suffer food shortages. And so you don't run out of bait.
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