Re:Bill and Melinda Gates: America’s Top Farmland Owner
by mortehu on Thursday January 14, 2021 @02:53PM
(#25781556)
USDA estimated farmers received $46.5 billion in direct payments in 2020. Where did this money actually go?
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Re:Bill and Melinda Gates: America’s Top Farmland Owner
by shiftpgdn on Thursday January 14, 2021 @03:15PM
(#25781860)
https://data.ers.usda.gov/reports.aspx?ID=17833
The past decade it has been only about 10 billion a year with fixed direct payments largely eliminated in 2014. 2020 will obviously be an exception due to Covid-19. Most of the recent payments are Market Protection Programs to prevent exports from being wrecked by retaliatory tariffs under Trump.
https://www.farmers.gov/manage/mfp
That's very much a means-tested program to prevent farmers from being driven into bankruptcy by tariffs on things they've already produced. It's not a magic money fountain.
Re:Bill and Melinda Gates: America’s Top Farmland Owner
by mortehu on Friday January 15, 2021 @07:23AM
(#25790097)
This doesn't really answer my question. I knew the money was given for reasons. The question is who is really getting it.
Note that the same report says that excluding subsidies, farmer net income increased in 2020 over 2019, so I'm not convinced the Covid pandemic is a good reason.
Re:Bill and Melinda Gates: America’s Top Farmland Owner
by kickout on Thursday January 14, 2021 @03:36PM
(#25782117)
I'm only upvoting b/c you clearly have navigated USDA ERS website before... (or google skills are lvl 100)
That type of info should be a whole lot easier to access and digest than it currently is.