It really depends on which subsidies you are referring to. The basic premise is that under supply and demand we would have unstable food supplies as crops exclusively chased price. By producing the major crops at or below the cost of production, for many years, we are able to secure the lowest food priced in the world. The subsidies support excessive production of specific commodities allowing price to be artificially low. Now, in the past few years, as we have had extra ordinary high prices. So in the short run its not working but over the past few decades its worked very well.
Thats really focused on the direct and counter cyclical payments, commodity loans, and crop/revenue insurance subsidies. The other big farm programs, mostly through NRCS such as EQIP, CSP, and CRP promote the social good of conserving and maintaining the productivity of our farms. In my own case, its much easier to water my cattle with free creek water than install tanks, buy municipal water, and fence of streams. But, times the thousands of acres in this watershed it contributes to water pollution, causes the loss of land through stream bank erosion, and causes a loss of productivity to the land. In my lifetime the loss would not cost me nearly as much as installing conservation practices but over time it would cost more and more. For people who are really into passing stuff on they might do it anyway. Im a businessman first, with no children remotely interested in anything agricultural, so there is no incentive for me to do anything that doesnt have an immediate or intermediate return on my investment. Conservation programs change the math of that. Consequently Ive got nearly every practical conservation practice implimented or in the process thereof.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Show Coverage: Godfrey, Illinois Country Days - by Cindy Ladage. Except for last fourth of July's Old Gold show in Springfield, Illinois, I don't remember when it was so hot. Nevertheless, the heat didn't keep vendors and visitors alike from enjoying the third annual Country Day's Event. Jane Elliott said the event was originally a one man show. "Barry Seiler, owner of Country Town Farm Supply store used to invite people up to the Johne Deere store. He would give hats and a free meal for everyone that brings a tractor." Elliott said while this
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.