Taxpayers are contributing billions more than necessary for farmers’ crop insurance, according to a new report from the Environmental Working Group (EWG).
The study, which examined the 2012 crop year, argues that big subsidies channel farmers into lavish policies that in some cases paid drought-afflicted farmers last year more than they would have earned with a good harvest.
Recent snowfalls brought much needed moisture to our region. Even so, the drought of last year has not been broken. Should it continue for months ... or even years ... what are the potential long-term effects?