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re: Corn farmers as welfare queens

Posted on 1/9/26 at 2:07 pm to
Posted by TROLA
BATON ROUGE
Member since Apr 2004
14906 posts
Posted on 1/9/26 at 2:07 pm to
It’s a weird space to be in.. on one hand, they subsidize farmers for the purpose of fuel additives which is a tough sell for me but on the other hand we subsidize for food which is a complicated necessity IMO under the welfare and security functions of the constitution.
Posted by geauxbrown
Louisiana
Member since Oct 2006
27755 posts
Posted on 1/9/26 at 2:07 pm to
quote:

FDR’s Farm Act


The exact reason corporate farms have taken over.
Posted by Chingon Ag
Member since Nov 2018
4180 posts
Posted on 1/9/26 at 4:13 pm to
If a farmer isn’t hedging with the use of futures and/or options these days they aren’t being wise. On-site storage for corn, milo, etc is a strategy but not a complete marketing plan.

Corn, soybeans, wheat are traded by the contract being 5,000 bushels each. Midwest vs Delta vs Texas productions rates are vastly different but let’s use projected national corn average of 185bu/acre. It only takes 27 acres for on contract at that rate. Half mile pivot on a section of land here in Texas will irrigate around 500 acres so hedging and the use of futures and options is critical.
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