I enjoyed this. But one mention of "farm bills" in 45 minutes???
"the political playing field is often tilted toward agribusiness. For example, the overwhelming majority of farm subsidies flow to the biggest and wealthiest agricultural operations. Less than a quarter of farms with annual incomes less than $100,000 receive any subsidies at all, while more than two-thirds of larger farms do. And, the larger the farm, the more likely it is to receive subsidies. One study found that between 1995 and 2021, the top one percent of farms received 27 percent of the total $478 billion in farm subsidies during this period. A second study showed that 60 percent of subsidies from three major programs—crop insurance, Agriculture Risk Coverage and Price Loss Coverage—are given to the top decile of farms. This study also indicated that large farms were more intensely subsidized. For example, the largest 10 percent of farms received an average of $29 per acre in crop insurance subsidies, compared to an average of $12 per acre for all farms. Moreover producers of meat, fruits, and vegetables are almost completely excluded from the core subsidy programs, while commodity crops such as wheat, corn, and soy are heavily subsidized." https://freopp.org/whitepapers/the-challenge-of-rural-povert...
cathyreisenwitz•38m ago
"the political playing field is often tilted toward agribusiness. For example, the overwhelming majority of farm subsidies flow to the biggest and wealthiest agricultural operations. Less than a quarter of farms with annual incomes less than $100,000 receive any subsidies at all, while more than two-thirds of larger farms do. And, the larger the farm, the more likely it is to receive subsidies. One study found that between 1995 and 2021, the top one percent of farms received 27 percent of the total $478 billion in farm subsidies during this period. A second study showed that 60 percent of subsidies from three major programs—crop insurance, Agriculture Risk Coverage and Price Loss Coverage—are given to the top decile of farms. This study also indicated that large farms were more intensely subsidized. For example, the largest 10 percent of farms received an average of $29 per acre in crop insurance subsidies, compared to an average of $12 per acre for all farms. Moreover producers of meat, fruits, and vegetables are almost completely excluded from the core subsidy programs, while commodity crops such as wheat, corn, and soy are heavily subsidized." https://freopp.org/whitepapers/the-challenge-of-rural-povert...