[MetaThought]

Care to elaborate ?

[tpmintx]

Care to elaborate ?

I guess not. I have seen this on other forums, where corn-industry lobbyists will post comments in favor of their employers' points of view. Either they don't back up their claims, or will post 1200 words of an industry-backed study. This particularly happens on forums debating pros/cons of ethanol in motor fuel.

[Mr. Lucky]

So there's no misunderstanding: government farm subsidies are a lousy idea, just as lousy as bank or auto industry subsidies.

Having said this, the direct subsidy for corn is no more favorable, and in many cases is less favorable, than subsidies for competing crops. For instance, while corn is eligible for a $.28 per bushel direct payment, wheat is eligible for $.52 per bushel and beans for $.44. While there are cost/benefit calculations for each crop, to the extent that the direct payment is a factor, it tends to depress corn vis-a-vis other crops.