I think you are arguing that prices would be lower with out government involvement, and that’s true.
The problem for farmers, and consumers is that current prices are below cost of production.
Short term lower prices are certainly a possibility, but not sustained lower prices.
“I think you are arguing that prices would be lower with out government involvement, and thats true.
The problem for farmers, and consumers is that current prices are below cost of production.
Short term lower prices are certainly a possibility, but not sustained lower prices.”
certainly corn would be at a lower price if no govt interference.
the point is that corn would no longer be grown as it already displaced a more lucrative other type of grain.
markets will find their place, and corn’s is distorted