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The Truth About Farm Subsidies

No they don't. They have a corn base that shows how many acres of corn they can produce and what the average yield is for that base.

They get a check for the acres * yield * profit (profit = Target price - actual price). But in order to get that check they have to agree to not plant xx number of acres

True or false, corn farmers get a gubment check for producing corn.


Caveat...assuming they follow the bureaucratic rules and file the proper paperwork...:)
 
The US has enough coal to meet our domestic energy needs for the next 120 years. So all we need is cost-effective electric vehicles and a shitload more powerplants to end our dependence on foreign oil.

You can be damn sure that there are government strategists who are well aware of this and will move us in that direction when the time is right.

But to play the game for full effect, we want to run the rest of the world out of oil first; eppecially when it's the least expensive option. Then our domestic reserves will be all the more valuable and we will remain the dominant world power for at least a couple more centuries.

When oil gets so expensive that people's standard of living takes a plummet, wait and see how fast the envirnomentalists get steamrollered and a bevy of new coal powerplants gets green-lighted.

lol @ cost effective electric vehicles...hybrid is as close as you are going to get with foreseeable technology. How are those electric tractors, combines and fertilizers coming along? I was talking about our agricultural dependence on hydrocarbons..... fertilizer is made from oil. Converting coal to oil is extremely expensive...just sayin'.
 
the payment limit is 40,000, its callled the direct payment. The govt is basically paying us to provide information about what and how many acres of corn or beans we plant each year. We can also take out a loan on grain in storage for 9 months at low interest. That money is payed back when the grain is sold or the 9 months is up. That money doesn't go back into the farm program though, it is put in the general fund of the goverment so it always looks like an expense when in reality it is payed back.
 
lol @ cost effective electric vehicles...hybrid is as close as you are going to get with foreseeable technology. How are those electric tractors, combines and fertilizers coming along? I was talking about our agricultural dependence on hydrocarbons..... fertilizer is made from oil. Converting coal to oil is extremely expensive...just sayin'.

The deisel engine was invented to run on vegetable oil. No reason high HP farm equipment can't run that way, even if it's not the most efficient option. I'm just saying our power is going to come from coal and cars will be electric. We have the technology to do it today and the cost will come down with mass production.

There are other options for fertilizer besides oil as well, just going to cost more. No need to convert coal to oil.
 
The US doesn't have enough coal for energy production in any regard. Most of the coal people quote as "enough for blah blah blah years" is only useful for metallurgic purposes, which is why we import so much already.

No there is no other form of energy as dense as oil, no there are no viable alternatives which provide for our current lifestyles. Fertilizer comes largely from natural gas inputs.
 
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