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President Obama supports ending all direct farm subsidies

June 8, 2012

This was posted quite some time ago, but is definitely worth mentioning here, some quotes from the article/.
“…President Obama is proposing to terminate direct farm subsidies”
“The federal government pays owners of cropland $4.9 billion in “direct payment” subsidies each year.”
“A small share of commodities—corn, sorghum, barley, oats, cotton, wheat, rice, soybeans, and peanuts, received 72 percent, or $160 billion, of all U.S. farm payments and nearly 100 percent of direct payments since 1996. ”
“Livestock producers, fruit and vegetable growers, and the majority of other agricultural producers in the United States receive minimal direct subsidies.”

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