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USA | Mark, your idea of a farm program and mine are pretty close. I would eliminate the payments you mentioned. Set the loan rates as follows corn $3, beans$7.50, and wheat $5, loan rates would be indexed to the rate of inflation. Have a grain reserve program that grain would not be released until 150% of loan value is achieved. Crop insurance program would take care of the safety net issue. Between an increase in the loan rates, grain reserve, and crop insurance, how much more of a safety net does a farmer need? Cost to the taxpayer would be minimal.
If this type of farm program would have been in place the last five years, we would not be in the current mess that we are in.
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Govt payments...
