Saturday, May 29, 2010

Revisiting the subject of corn subsidies

Given some of the recent headlines, the following graphic from the Environmental Working Group (EWG) seems pretty relevant.  Since we're on the subject of corn subsidies and using EWG information, it is important to note two things, (1) EWG does not suggest that farm (or even to be more specific, corn) subsidies should be done away with altogether; however, they do state that the "system is broken" and needs to be revisited.

And (2), according to EWG, corn is not only the most subsidized of all US crops, but as a category, corn subsidies are more than twice as high as even the recipient of second place, wheat. Is it really a surprise then that the US is the world's number one producer of corn?   If you were a farmer and given an option of growing any crop, why would you switch from corn? 

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