Why corn & soy are in EVERYTHING pt. 2

If subsidies aren't the reason the US grows so much corn and soy, what is?

To get what's going on here, we have to talk about how wealth works in agriculture. In this video, I talk about the first part: understanding that farmers aren't poor! That will set us up to talk some surprising facts about agriculture, how most family farms' finances actually work, and what that means for farm policy in future videos.

And if you want the whole story now, I did a thread breaking it down here

Data sources:

for farmer income & wealth through 2020

for farmer income & wealth after 2020

Once you account for tax sheltering, most small & medium farms go from losing money to profitablepage 6. (This info is a little dated, as the USDA doesn't publish stats on "how much does the US farm sector serve as a tax shelter" very often.)

BIO

Sarah Taber is a small farmer who's worked in agriculture for 27 years. She coaches farms & food handling facilities on logistics, hiring, and how to make quality products at a price point customers can afford.

Good farm livelihoods and a better food system is possible -- with clear thinking, responsibility, and planning for the future.

SOCIALS

#farm #farmlife #farmer #grain #subsidies #subsidy #monoculture #agriculture #agriculturelife #homestead #homesteading #finance #personalfinance #money #moneymanagement