Wednesday, May 30, 2007

Government Payments, Good or Bad?

For some time it has concerned me how government payments have translated directly into the price of land, driving up the key cost component of farming and making it increasingly difficult for new farmers to enter the profession. The dark green areas of the map show where this impact has been the greatest, where over 45% of gross cash farm income is coming from the government. In my opinion this is far too much dependence upon government payments, creates a false sense of economic well being and ultimately leads to painful crashes at some future point in time.

Wouldn’t we better off in the long run by having the government less involved in the economics of agriculture? Wouldn’t we better to have a more diversified agricultural economy in our rural communities? Wouldn’t we be much better off if we helped, rather than hindered new, younger faces in our farming communities?

What do you think?

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