David McKee, a farmer in Missouri, said in an NPR interview that he “doesn’t need his direct and counter-cyclical payment” this year because of his farm grossing millions of dollars a year (NPR). All farm subsidy programs should be cut from the United States federal budget with the exception of crop insurance because farmers do not need the assistance now like they did in the 1930’s. The farm subsidy program was created by President Franklin Roosevelt in the early 1930’s, for the purpose of helping farmers during The Great Depression. During this time prices of farming commodities collapsed which caused many farmers to go bankrupt. In an attempt to try and salvage the situation President Roosevelt put through the Agricultural Adjustment Act of 1933 (AA... ... middle of paper ... .... Print.
February 2005. 244-250. Hoag, Dana L., and Herb A. Holloway. ?Farm Production Decisions Under Cross and Conservation Compliance.? American Journal of Agricultural Economics.
Agricultural Subsidies: Their Original Purpose and Impact Today Contents Introduction: What are Farm Subsidies? 3 Government Intervention in Agribusiness 7 The Reality 9 Works Cited 12 Introduction: What are Farm Subsidies? The Agriculture sector has changed monumentally over the past century in response to vast economic change and technological advancements. Farm subsidies are various forms of payments from the federal government put in place in an effort to stabilize prices, keep farmers in business, and ensure quality of crops. The federal government currently pays $20 billion in cash each year to US farmers and spent an estimated $250 billion between 1995-2005.
By 2013, Roundup Ready corn had reached 90% of the corn grown in the United States (Smith). Between 1995 and 1998, a study showed that the “total number of applications decreased by 8% even with the increase in total acreage” (Carpenter and Gianessi). Roundup kills a wide variety of plants, so farmers could now spray a field once and this one spray would kill almost all the weeds in the field. To this day Monsanto still owns the patent to Roundup Ready, but that patent is soon to expire in 2015 (“Roundup and Roundup Ready Crops”). Now farmers are starting to wander what will happen if Monsanto does not renew the patent on their Roundup Ready products.
“U.S. Could Feed 800 Million People with Grain That Livestock Eat, Cornell Ecologist Advises Animal Scientists.” Cornell University. N.p., 7 Aug. 1997. Web. 3 Dec. 2015.
Journal of Planning Education and Research Buy Connecticut Grown http://buyctgrown.com/faq Accessed February 12, 2012 Connecticut Fact Sheet. 2010. Economic Research Service. USDA, Washington DC. http://www.ers.usda.gov/statefacts/CT.HTM accessed March 27, 2012 Economic Impacts of Connecticut’s Agricultural Industry.
The global population in the year 2050 is expected to be nine billion and the agricultural demand is expected to double. With the current population already over seven billion people, there are hunger issues all around the world (“New” par. 1). How are we going to deal with food shortages in the future? With less land to work with, strains on the soils, and the lack of water, it is getting harder for the farmers of the world to support our growing population.
Scholarships ? List of College Scholarships and Applications. Web. 07 June 2011. What Can I Do WIth a Major in Agricultural Business Farm and Ranch Management.
Nitrogen, phosphorus and light effects on growth and allocation of biomass and nutrients in wild rice. Oecologia 170(1):65-76. Whiting D., O’Meara C., Wilson C. 2013. Vegetable Garden: Soil Management and Fertilization. [Citing 2014 February 20]; Available from http://www.ext.colostate.edu/mg/gardennotes/711.html.