The new farm bill is sadly another reason for planting 100% of your land, fertilizing the hell out of it and hoping for a bumper crop so there is a bigger surplus. Then prices will drop more and the gov will pay higher loan defficiency(sp?)payments and tax payers will get kicked harder in the gonads. It will also drive the price of farmland up more as the big farmers know it is in effect for 10 years.
The cost to each taxpayer is said to be $4000.00 dollars each over the next 10yrs.Roughly the price of a complete upper for you and your spouse every year.
The most expensive welfare program for 2% of the population in history. Our beloved(puking as I type it)Senators Daschle and Johnson are counting ballots from the farmers here already for their relection. Amazing how much it costs everyone for a few votes.
Oh, and by the way before any farmer members jump down my throat about my comments. I was born and raised farming and ranching. My family still owns and operates it. My father was stating prior to this bill on how ridiculous the gov payments were. My father is 78 and a very good operator that has a small operation by todays standards. He planted about 100 acres last year and recieved approximately $4000.00 is susidies. It was published in our county that over a dozen medium sized(8000-10000)acre farms recieved in excess of $50,000.00 each. Not bad yearly welfare check compared to poverty in cities.
I am a country person at heart but ag people are their own enemy by overproducing big time. Whether wheat,corn,peanuts or beef they overproduce at the expense of taxpayers. Some food is cheaper because of surpluses but higher taxes make up for the grocery bill.
OK, I have set back and braced myself, let me have it. Good day.