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Re: In the perfect World the next farm bill
Comeon MT! You are either a socialist or you are not. Crop subsidies in the form of crop insurance is socialism pure and simple.
Are you a capitalist or a commie? make up your mind! In the mean time I would rather subsidize the health insurance of the common man rather than subsidize the crop insurance for millionaire farmers.
But then I'll bet you are one of the guys that can't wait to repeal Obama care. Right?
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Re: In the perfect World the next farm bill
If you take the government out of crop insurance the grain prices won't go up, the price of land and rent would go down. A farmer can't lock in a profit with subsidized crop insurance. There are also areas that are marginal that farm for the insurance, not the crop. Some years they get a crop some years they don't. If we have a catastrophic crop loss in an area the farmer will have capital to farm the next year. The crop insurance also allows a farmer to forward sell a huge portion of your crop and guarantee you can cover it. All of these removes the variability of farming and allows someone to put the profit into the price of ground.
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Re: In the perfect World the next farm bill
I agree 100% Kraft-t. The double standard is amazing.
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Re: In the perfect World the next farm bill
I agree with don, but with one question. With crop insurance(as with health insurance) who is the subsidized party? The provider or the insured? Who is benefitting the most from the subsidy? I say the insurance industry. the farmer just takes the flak for being the most visible welfare recipient. There are WAY more issues here than need to be discussed on a market forumn. don't get me started...
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Re: In the perfect World the next farm bill
Doing away with all direct payments and all disaster payments would save enough money to administer a modest crop insurance program for the FSA. That and a modest conservation program is all that is needed from the FSA.
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Re: In the perfect World the next farm bill
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Re: In the perfect World the next farm bill
In a perfect world-----------government would be concerned with a healthy, available food industry and supply. Not trying to equalize everyones financial statements or correct social or environmental injustice. (The rediculous power grab--pie in the sky---stuff we are locked into now.)
The markets are irriatic largely because we have lost trust in those who claim to lead. That is not going to get better, and it will create more amd more opportunities for increased government intervention in agriculture and everything else.
I want them out of ag as much as you MT, but that would be giving up "authority"----------------it aint going to happen till the blood has been squeezed out of the last turnup.
Same as insurance-----------regulation will continue to create distortion to make the private sector look ineffective so the government has to step in and fix. Same song and dance.
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Re: In the perfect World the next farm bill
Are you beans blooming yet? Setting pods?
Really how are they doing and what is the moisture situation in god's country?
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Re: In the perfect World the next farm bill
I'll look this afternoon. You can see them from the pickup and the look fine. I was hoping the cruiser would keep the bean leaf beetles in check. I have treflan on the field, so weeds not a problem. Beans rarely bloom before about the 20th of june no matter when thye are planted. We've had adequate to more than enough rain in the last week. I still have 50 acres of corn to plant and about a half day of sprayi ng harness, too. Way too much rain and standing water where i live nw of woden, but not a problem on my other farms. corn that was planted is mostly emerging in good shape and with good moisture and temps. new crop corn bids are crappy. with the good wheat crop and tiger's and his neighbors' missouri corn off to a good start we'll be covered up with corn. Remind me what it was about $6 corn that I didn't like, 'cause it was there last aug for new crop'12!
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Re: In the perfect World the next farm bill
might wanna check the 7 day rainfall totals from I-80 to I-70..........across IA and MO..........good start can change in 24 hours........