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Tractor Talk Discussion Forum

Re: Sustainable Farming

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Author  [Modern View]

01-14-2014 15:48:37

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You do realize our subisides amounted to a whopping 12 dollars an acre the last 4 or 5 years right?

I"m guessing most will survive without that $12 an acre.

It is the input costs that will do us in the next few years.

By the way my wife works off the farm so I must be a sustainable farmer.


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01-14-2014 16:41:20

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 Re: Sustainable Farming in reply to IaGary, 01-14-2014 15:48:37  
$12 per acre after the ethanaol boom. I know some of my neighbor's were getting over 200K per year when prices were lower. And now you guys are getting subsidized insurance. I don't see other industries getting insurance subsidies?

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01-14-2014 19:28:33

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 Re: Sustainable Farming in reply to Spook, 01-14-2014 16:41:20  
I pay out of my pocket $14 an acre for $600 per acre in coverage for crop insurance.

Or about $20 per a thousand dollars worth of coverage.

My house insurance is $6 per thousand in coverage.

You name me one person who has collected more in crop coverage than they have paid in.

I collected in 2012. First time in my life I have collected. They paid me 25% of what I have paid in for the last 35 years.

The insuance company is collecting that subsidy NOT ME.


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01-14-2014 16:50:15

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 Re: Sustainable Farming in reply to Spook, 01-14-2014 16:41:20  
I wouldn't complain with my mouth full.

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01-14-2014 16:15:40

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 Re: Sustainable Farming in reply to IaGary, 01-14-2014 15:48:37  
So, that means that the $24 the neighbor made last year ought to be running out in about fifteen minutes and he's gonna be over here drinking my beer?????

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