In 2010, 261,000 farms, operating on 234 million acres of cropland, received direct payments and also purchased crop insurance. As the 2012 farm bill is being written, let's review where the subsidies are going and note the overlaps in the above graphic.Disclosure: Our family farm is in all three.
2010 Dollar Amount Totals for Top Three Farm Subsidy Programs:
(Note that corn subsidies totaled $3,519,507,154 in 2010.)
- Direct Payments $4,372,816,732
- Conservation Reserve Program $1,819,697,348
- Disaster Payments $2,534,890,885
Wednesday, April 25, 2012
Ag Subsidy Chart of the Day
From Big Picture Agriculture:
Labels:
Ag economy,
Farm life,
News in the Midwest
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