Low market prices could mean $6-$8 billion in corn subsidies

Two agricultural economists say corn subsidies could cost $6 to $8 billion for this year’s record-large corn crop, says Reuters. The estimates are based on the projected U.S. average price of $3.50 a bushel for the crop, the price guarantees of the farm bill and the estimated crop of 14.4 billion billion bushels. Reuters quotes economist… » Read More

FERN’s Ag Insider gives you the reporting you need every day to navigate the difficult terrain of food and agriculture policy. Editor Chuck Abbott has been covering this beat for nearly three decades — few journalists have the connections in the halls of power and the understanding of the issues that Chuck does.

Executives and leaders across the political and corporate spectrum consider FERN's Ag Insider an essential read. Get the reporting you need every weekday. Subscribe now to get full access! Don’t miss out.

Features include:

  • • In-depth reporting and analysis
  • • A roundup of key reporting from a range of sources
  • • Articles tagged and viewable by subject
  • • A searchable archive of all Ag Insider reporting
  • • All this PLUS a newsletter summary in your email inbox every weekday morning.

As low as $6.60 / month
30-day free trial

Subscribe