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  •  Not much good news, imo (5+ / 0-)

    It vastly expands subsidies for mega-crops like rice, tobacco, corn, and sugar while slashing support for dairy farms and cutting Food Stamp benefits.

    From an AP report:

    Currently the government pays for an average 62 percent of crop insurance premiums and also subsidizes the companies that sell the insurance. The overall bill expands crop insurance for many crops and also creates a program to compensate farmers for smaller, or "shallow," revenue losses before the paid insurance kicks in.
    The help for rice and peanuts was not in last year's bill but was added this year after the agriculture panel gained a new top Republican, Mississippi Sen. Thad Cochran. Critics, including the former top Republican on the committee, Kansas Sen. Pat Roberts, said the new policy could guarantee that the rice and peanut farmers' profits are average or above average.
    It is all about profit, not food production or hunger.

    Then, of course, there's a large measure of GOP hypocrisy:

    The Senate bill also would:

    - Overhaul dairy policy by creating a new insurance program for dairy producers, eliminating other dairy subsidies and price supports. The new policy includes a market stabilization program that could dictate production cuts when oversupply drives down prices. The program faced little opposition in the Senate but a similar overhaul in the House bill is expected to face resistance in that chamber, where Boehner last year called the new stabilization program "Soviet-style." He reiterated those concerns in his statement Monday, saying he will support an amendment on the floor to challenge the proposed policy.

    The dairy policy is exactly the same profit guarantee offered to rice and peanut farmers but it is somehow evil because... what, cows?

    Tofu knows nothing but what is good for you. -- dharmasyd

    by Darryl House on Tue Jun 11, 2013 at 09:44:25 AM PDT

    [ Parent ]

    •  ...no it's not good news... (3+ / 0-)
      Recommended by:
      slksfca, Darryl House, a gilas girl

      ...when you consider how much we pay to the wealthiest of farmers and corporate farms.

      I know the original idea was to help family farms after the Dust Bowl years and Great Depression. That was to help them so they could feed us. And it was to get them to upgrade equipment and be able to buy fertilizer since the soil was ruined and/or depleted if it was grown on too many times.

      Funny thing happened. Most of those family farms got swallowed up by the wealthier ones. Family farms today are the type you see at Farmer's Markets mostly. They don't get government handouts.

      And what happens to a ton of the food the subsidized farmers grow? A ton of it gets sold overseas.

      Around here, the rice crop is mostly sold overseas. Very locally it primarily goes to South Korea (at least it did recently. I'm not certain if that's changed).

      So, we all pay these guys to grow "commodities" foods. The big boys get the money. Tons of it is sold to overseas. NOW, I do believe we should help feed the world. I DON'T believe these guys need any help at all financially (they aren't family farms and the Depression era is over)...just like I DON'T believe Oil Companies need financial help either...

      Ignorance is bliss only for the ignorant. The rest of us must suffer the consequences.

      by paradise50 on Tue Jun 11, 2013 at 10:26:09 AM PDT

      [ Parent ]

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