We need to return common sense to the farm policy programs. PL480 was once a program thru which the US gave surplus commodities to countries in need. Our excess supplies of corn, wheat, beans , rice, etc was shipped around the world. Then President Bush had the crazy idea to just give these countries each cash and let them buy whatever from their own area. So Middle East countries could buy Asian crops with our money. Gee, wasn't that really smart…
Not to mention all the grain embargo's imposed by the United States, which restricted selling our products to certain countries, killing the prices. Like the 1980 embargo of Russia, and plenty of others over the last 60 years.
Our farm programs today are actually cheap food programs, designed to help keep prices down and subsidize the end users- including animal feed, ethanol, exporters, and consumers. Without today's farm programs, MANY producers would eventually be forced out and prices would be MUCH more volatile. Many simply could not get financing each year.
A great example would be today's livestock and egg prices. Without the current very cheap corn, wheat , and other grain prices, ALL meat and egg prices would be MUCH higher today.
I just hope our government stays out of regulating meat and egg prices. Would like to see those prices go much higher to hear some squealing from those complaining about the current farm program. They have no idea what would happen without a safety net. Many current farmers and ranchers are the last generation of their family willing to do the work and I've seen Zero interest from those not involved in a family operation to start from scratch.