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| Insurance companies start with cutting off individuals, then they pull out of states.
With the amount of subsidy that Yanny is getting— raising crops in his Michigan is a poor bet.
No crop insurance, no government payments- watch them scream.
Crop insurance isn’t for farmers— it’s for the US economy— cheap stable food prices allow people to spend money on cars, housing, consumer goods, etc.
The rest??? Quit complaining and don’t worry. Even you poor guys without crop insurance get the benefit of it. Instead of $20,000/acre ground in NW Iowa, you would be looking at $1,000 or something close.
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Crop Insurance Subsidies