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Senator wants to cut crop insurance subsidies
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KDD
Posted 10/1/2023 15:53 (#10423630 - in reply to #10420631)
Subject: RE: Senator wants to cut crop insurance subsidies



Leesburg, Ohio
I don't see what's so hard to understand about it being harder for young farmers if there were no crop insurance subsidy...younger farmers generally (not always) have a much weaker balance sheet than older, established farmers.
The weaker the balance sheet, the more an operation needs crop insurance (less ability to make it through a "disaster" year and still be in business the next year).
The more established farm with a better balance sheet can absorb a bad year or two without needing an insurance claim to make it through.
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