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Thanks for the input, Quilligrapher, nice to have this clarification, but there was info that in the last 10yrs US govt. have been subsidizing the US farms to kept it afloat? can you confirm?
Gov has subsidized farming since 1930s; today, $20 billion annually does not enhance productivity nor improve profitability. See recent Wall Street Journal discussion http://www.wsj.com/articles/should-washington-end-...
I'm curious, in 2002, Farm Security and Rural Investment Act introduced counter capital payment prog. as triggered when current prices fall below the target level, but, paid based on historical production. Is this parallel to what ur saying?