Posted by LAA on January 01, 2013 at 19:34:28 from (86.51.147.113):
In Reply to: Re: Farm Bill, Pic posted by dboll on January 01, 2013 at 18:08:15:
Well, you inadvertently answered your own argument, corn was subsidized by the loan rate which kept the price from bottoming out which in turn kept some percentage of inefficient farmers in business who otherwise would have failed and went bankrupt, low prices would have led to less corn being planted in the coming years until the market absorbed the surplus and it was profitable again. There is an endless stream of historical proof that government meddling in any business, especially agriculture, never works, when winners are created artificially someone else pays, period. Farming is a business, not a romanticized journey down memory lane.
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Today's Featured Article - Harvestin Hay: The Early Years (Part 2) - by Pat Browning. The summer of 1950 was the start of a new era in farming for our family. I was thirteen, and Kathy (my oldest sister) was seven. At this age, I believed tractor farming was the only way, hot stuff -- and given a chance I probably would have used the tractor, Dad's first, a 1936 Model "A" John Deere, to go bring in the cows! And I think Dad was ready for some automation too. And so it was that we acquired a good, used J. I. Case, wire tie hay baler. In addition to a person to drive th
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