Mid-Michigan | Jim - 2/4/2026 13:30
Regarding "cheap food" - very, very little of the corn and beans grown are directly consumed as human food. Beans have been largely exported while corn keeps looking to expand as fuel, etc.
Changes to the price of either commodity has very little effect on the retail price of human food at the grocery store. In fact if a market based agriculture resulted in an increase in cattle numbers as it likely would, grocery store prices for beef and other meats might actually come down or at least level off.
Seems to me that a gradual elimination of AG subsidies, say over 3 to 5 years, would give folks time to adjust to a more stable, more logical, and more market-based US agriculture.
When you say "market based" do mean exports? Kinda like we used to? |