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<blockquote data-quote="Duckslayer100" data-source="post: 491095" data-attributes="member: 1485"><p>Recall the REAL reason for CRP: It was to reduce the number of tillable acres by paying farmers to leave non- or low-productive acres out of production, and thus decreasing the overall amount of commodities. Lower commodities drove up price. That's supply-and-demand Economics 101. </p><p></p><p>When prices surged, what, 15 years ago-ish? Maybe it was 20. Anyway, Farm Bill came up and they torched CRP. Every bill since they've dropped the CRP cap. That meant more land in productiong, which when paired with increasing efficiencies of modern farming, has led to record bushels. </p><p></p><p>Now they're faced with the highest input prices in decades, and for like the third or fourth year in a row, we're hearing how farmers can't even afford to plant a crop as they're losing money before it's even harvested. </p><p></p><p>So a thinking person would say, you know what, we should find a way to drive up commodity prices so they make more. Gosh, I wish we had a mechanism to do such a thing. Hmmm...</p></blockquote><p></p>
[QUOTE="Duckslayer100, post: 491095, member: 1485"] Recall the REAL reason for CRP: It was to reduce the number of tillable acres by paying farmers to leave non- or low-productive acres out of production, and thus decreasing the overall amount of commodities. Lower commodities drove up price. That's supply-and-demand Economics 101. When prices surged, what, 15 years ago-ish? Maybe it was 20. Anyway, Farm Bill came up and they torched CRP. Every bill since they've dropped the CRP cap. That meant more land in productiong, which when paired with increasing efficiencies of modern farming, has led to record bushels. Now they're faced with the highest input prices in decades, and for like the third or fourth year in a row, we're hearing how farmers can't even afford to plant a crop as they're losing money before it's even harvested. So a thinking person would say, you know what, we should find a way to drive up commodity prices so they make more. Gosh, I wish we had a mechanism to do such a thing. Hmmm... [/QUOTE]
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