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The question wasn't about the farm-bill, but farm subsidies. Those are different concepts.
Well ,we do it different here in Canada and it gets us in trouble with our trading partners all of the time. Regardless of what other countries think I like the way we do things on this file.
What we do is not to subsidize farmers but insure they get enough for their produce to insure they make a reasonable profit. It's called supply management. For example, You can't just buy yourself a bunch of cows and go into the dairy business here in Canada. What you need is milk quota and you pay x# of dollars per gallon for that. If the present market has no surplus quota the only way you could get into the game is purchacing someone else's quota.
This system does a couple of things. The most important aspect is that it created stability in the dairy sector. The price of dairy products is very stable and doesn't vary wildly like it does in the USA. So, the system pretty much protects the farmer and his investment but it also produces a higher cost for the end user. Dairy products are on average at least 10% more$ than in the USA.
WE have the same system in place in the hog, chicken, turkey, egg and grain sectors.
It's going to be very interesting to see the results of what our right wing government has done in regards to supply management. After more than 50 years of it in the grain industry the wheat board is done this year and the farmers are on their own. We will see how that works out for all involved. The reason I included "Right wing" government is that of course the right perfers the market to decide on the success or lack of it in everything!
I think what Mitt is trying to say is that subsidies to small family farms are bad, while subsidies to the corporate farming industry is good.
And you have a link to provide some proof?
I think what Obama meant was those farmers didnt milk those cows, plant those crops or do the work on their own farms. Someone else did it for them.
Well ,we do it different here in Canada and it gets us in trouble with our trading partners all of the time. Regardless of what other countries think I like the way we do things on this file.
What we do is not to subsidize farmers but insure they get enough for their produce to insure they make a reasonable profit. It's called supply management. For example, You can't just buy yourself a bunch of cows and go into the dairy business here in Canada. What you need is milk quota and you pay x# of dollars per gallon for that. If the present market has no surplus quota the only way you could get into the game is purchacing someone else's quota.
This system does a couple of things. The most important aspect is that it created stability in the dairy sector. The price of dairy products is very stable and doesn't vary wildly like it does in the USA. So, the system pretty much protects the farmer and his investment but it also produces a higher cost for the end user. Dairy products are on average at least 10% more$ than in the USA.
WE have the same system in place in the hog, chicken, turkey, egg and grain sectors.
It's going to be very interesting to see the results of what our right wing government has done in regards to supply management. After more than 50 years of it in the grain industry the wheat board is done this year and the farmers are on their own. We will see how that works out for all involved. The reason I included "Right wing" government is that of course the right perfers the market to decide on the success or lack of it in everything!
Interesting, our farming sector is totally market driven with no help at all yet when it comes to efficiency in dairy production we would hammer Canada.
Rather sad to see people saying farming in the USA needs subsidies to compete, the rough tough US farmer has gone where ?
Oh, it was a left wing government here that dumped subsidies , unlike Canada we do not have a very large market just over a land border
$957 billion five-year bill approved by the House Agriculture Committee
As a farm owner, I can say that they are bad. It would be better for the US farmer to let the market dictate grain prices. Most of the "farm support" money is spent on foodstamps, which does not help the farmer a bit.
What is good?
1. CRP program- maintains the quality of the water and the soil long term
2. support for crop insurance programs- keeps food prices stable in drought (see 2012)
As far as I am concerned, stop them. It would benefit me, but the nation would suffer. The first to complain (of course) would be the urban US liberal.
Regardless of what he's saying, if by some snowball's chance in hell he weasels into the WH, he'll be sure to give his rural tea creatures a substantial handout.
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