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IPFS News Link • Welfare: Corporate

Fed's Big Ag Policy is Anything But "Green"

• Lew Rockwell blog
So why would farmers plow up such risky land? Simple: Federal policy has made it a high-reward, tiny-risk proposition. Prices for corn and soy doubled in real terms between 2006 and 2011, the authors note, driven up byfederal corn-ethanol mandates and relentless Wall Street speculation. Then there's federally subsidized crop insurance, the authors add.