View Poll Results: Should the US government maintain its corn subsidies?

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21. You may not vote on this poll
  • Yes. There is a good reason they exist.

    0 0%
  • Make some changes, but don't do anything too drastic.

    1 4.76%
  • No, significant cuts need to be made.

    2 9.52%
  • No. End all corn subsidies, now.

    9 42.86%
  • Why just corn? Get rid of ALL agricultural subsidies.

    9 42.86%
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Thread: Corn subsidies

  1. #1
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    Corn subsidies

    Each year, the US government spends several billion dollars subsidizing corn. By some measures, it is the most-heavily subsidized crop in the US. Most of the corn goes into animal feed as a substitute for grass, high fructose corn syrup, or ethanol fuel.

    What changes would you make? Would you get rid of them entirely?
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    Re: Corn subsidies

    Subsidies are a manipulation of the market. End them now.

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    Re: Corn subsidies

    We subsidize the farmer for growing it and then give 47 million people food stamps to buy it. Without the subsidies the price will first decline until farmers growing corn give up and don't plant any (because its not worth it) and then it will demanded and they will ultimately produce. Subsidizing the farmer seems to me more about buying the Iowa straw poll then any sense of reality.

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    Re: Corn subsidies

    Most of the farmers I know (and I know several) would do just fine without the subsidies.

    It would make things somewhat more difficult on smaller farmers though, since they're not farming enough acreage to easily swallow the costs of equipment and things.
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    Re: Corn subsidies

    First corn doesn't replace grass in ruminant's diets. It puts the marbling into finishing animals, energy into quick growing young stock, and boosts lactation. For pork and poultry production it is a vital feed element.

    Second as a small farmer I can say the subsidies I get are so small they wouldn't be missed that much and don't help me purchase equipment. On the farming side of my operation I use custom men. Guys who harvest the grain and bale hay for others. No amount of subsidy would pay for the swather and baler needed to bale my hay and the price of even used combines is far above any Gubmint payment.

    I don't think we would want a system where the invisible free hand of the marketplace works it's magic on food supplies like it did for the stock market. Those who bemoan the number of their fellow citizens who use food stamps now, let a cyclic boom/bust system run the food supply.

    'Job Creators' claim the marketplace hates uncertainty, that is so true in food production. Weather already throws in enough uncertainty, the commodity market has been opened up far too much to speculators to not have some sort of surplus in the basic food production.

    That is the key point to subsidizing basic food production such as corn.

  6. #6
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    Re: Corn subsidies

    Quote Originally Posted by Canell View Post
    Subsidies are a manipulation of the market. End them now.
    The USA is the number 1 subsidised economy in the world - protectionist, tariffs etc

    The strange thing is the USA demands open free economies from all other nations, and the ones it can control openly the USA imposes free trade agreements with such as NAFTA and the free trade agreement with AUstralia

    If the USA wishes an open free market on the global stage, why does it pursue exclusionist free trade agreements?

    Why does it compel nations to trade OIL for example in US currency? (although that landscape is changing)

    I totally agree with you on the removable of subsidies - but guess who doesn't want that to happen? (Hint - its not China)

  7. #7
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    Re: Corn subsidies

    make cannabis legal, and my guess is that the corn subsidy problem will solve itself quickly.

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    Re: Corn subsidies

    Quote Originally Posted by Klown View Post
    The USA is the number 1 subsidised economy in the world - protectionist, tariffs etc
    Well yeah, it's kind of embarrassing to preach about free market, free trade, etc and heavily manipulating the "free" market at the same time.

  9. #9
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    Re: Corn subsidies

    Quote Originally Posted by Canell View Post
    Subsidies are a manipulation of the market. End them now.
    Can't we just start with the 22 billion or so we give to the oil companies and see what that does??

    Some subsidies we give to farmers are desperately needed.. Just saying..

    We can't live without farmers, and some farmers can't live without the financial help that subsidies provide..

  10. #10
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    Re: Corn subsidies

    Quote Originally Posted by Helix View Post
    make cannabis legal, and my guess is that the corn subsidy problem will solve itself quickly.
    Sure.. Nobody will grow corn and the cost of corn will sky rocket.. While the price of pot will drop to nothing.. Is that going to be what is for dinner?? Did anyone see that low calorie bong at Walmart??

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