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southern MN | Isn't it the other way around?
As things are, farming is a known quantity. Subsidised insurance allows the big to get bigger. Putting a bottom in the lows with subsidies & price supports helps the big more than the small. The yearly subsidy has no net effect.
Without these, farming is far riskier, and only small outfits will try it. They can hedge their bets with off-farm work, spouse working, etc. The big outfits are too far exposed to bid up land, it just invest in land, etc.
I think it's the other way around.
--->Paul | |
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