voidstaresback on Nostr: One thing worth understanding is that it isn’t the old fashion concept of “farm ...
One thing worth understanding is that it isn’t the old fashion concept of “farm subsidies” that make the system so unfair- although the new FARM act certain just sends money to land owners for no reason other than they own land…
The bigger issue is subsidized crop insurance. If you can show what your average farm yielded when planting the core commodity crops (corn, soy, wheat, cotton, rice) over 5 years you can get insurance subsidized by the government that makes it so basically you CANT lose unless you really fuck up.
The insurance also makes it very risky for farmers to try different crops or different styles of growing because you NEED that average crop yield to stay high. If you miss a year, you may not be able to get subsidized insurance the next year and that makes you vulnerable to loosing.
The bigger issue is subsidized crop insurance. If you can show what your average farm yielded when planting the core commodity crops (corn, soy, wheat, cotton, rice) over 5 years you can get insurance subsidized by the government that makes it so basically you CANT lose unless you really fuck up.
The insurance also makes it very risky for farmers to try different crops or different styles of growing because you NEED that average crop yield to stay high. If you miss a year, you may not be able to get subsidized insurance the next year and that makes you vulnerable to loosing.