EC Nebraska | rich79 - 10/1/2023 19:33
Its 7 dollar corn that has fueled high land values and low risk, not crop insurance. Everybody looking for a boogeyman and it's not crop insurance. I honestly don't know anybody that has bought a dryland farm in Nebraska because they think their is some windfall from crop insurance. Personally I've had it with the guys in the land of milk and honey who have never experienced a real weather disaster wanting the end of the program as well know it so guys in the western corn belt can go under with a drought.
I’ll second triple nickel. Do away with the subsidies. Guys bid up dryland ground because they know insurance will bail them out in the bad years. Put the risk back on the farmers, and they wouldn’t be as eager to bid away all the profits in the good years. |