Peewee wrote:
Question? Could a farmer survive today if he ran his farm the way he wanted to and told the government to take a hike with their mandates and crop insurance?
That's a bit hard to answer in a short time so I'll take a stab at a short version !
First off it'd be tough but they could have 40 to 50 yrs age !
Today the government has gotten in complete control of the food supply it will never happen !
Reason being the government want the American people to pay the lowest cost for food any where in the world !
Back when I was farming 1000 acres my buy up crop insurance premium at the 75% rate cost me $35000 per year on my adjusted yields there a lot more to it that I haven't the time to explain .
At that level I could have a loss on just one farm and get paid but not have a loss on the rest of the farm.
It got too expensive so I down graded to Enterprise units costing $7000 per year however for me to collect I would have to have a complete failure in order to collect payment !
Now this premium is after the Government subsidized the crop insurance companies with out Government farmers couldn't afford crop insurance !
Currently the Government handles all the surplus farm products so if that was all gone then the farmers would be responsible to handle all the surplus !
This would be a tremendous burden for farmers to carry so the problem with surpluses prices are low and many times below cost of production in this case farmers would stop growing and or producing .
Now take into account a drought comes into play surpluses go down to very low levels it will take some time for stocks to be added to a safe level !
So all in all if the government got completely out of agriculture many farmers couldn't make it and when the dust settled those that remained would only produce what would provide a large enough profit to make money !
There would be no cheap food at the grocery stores !
So the choice is do Americans want cheap food then the Government will have to subsidize the farmers whether or not we like it !