Farm Subsidies facts
While investigating facts about Farm Subsidies 2019 and Farm Subsidies By State, I found out little known, but curios details like:
The island of Kiribati, where people either fish or farm coconuts, enacted subsidies on coconuts to entice people to farm coconuts and reduce overfishing. Instead, the opposite happened, as coconut farmers, now richer, had more money to fish for fun.
how farm subsidies work?
Three quarters of all U.S. farms account for only 4 percent of product sales, making the notion of "family farmers" who deserve subsidies obsolete to our food supply
What are farm subsidies?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what are farm subsidies and how do they work. Here are 9 of the best facts about Farm Subsidies List and Farm Subsidies Lookup I managed to collect.
what farm subsidies are available?
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In 2010, 84% of U.S. wind energy subsidies (your tax dollars) went to foreign companies, who sometimes bid to build a wind farm that runs in the red but still makes profit due to subsidies.
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Farm subsidies are considered a national security issue and that's what led to government cheese
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In 2012, The U.S. Department of Agriculture spent $14 billion in farming subsidies, a 7 time increase over 2000.
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The Common Agricultural Policy of Europe is a system of farming subsidies in the European Union. In 2013, it accounted for 39% of the whole EU budget. Agriculture accounts for just 1% of the GDP of the EU.
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US gov't gave $292.5 billion to farm subsidies from 1995-2012. The megafarms collected 75% of all subsidies. Top subsidized crop is corn.
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EU & US farm subsidies wreck the environment and hurt progress in poor countries while making little economic sense
