How Farm Subsidies Work

In this video, Matt dives off into farm subsidies and explains what the most common programs are, how they work, the problems with them, and most importantly, how the American taxpayer gets benefit from them.
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#subsidy
#welfare
#farming

[@dralord1307]

Matt : Much respect for covering this. It is a touchy topic. Most other channels refuse to touch this topic with a 10' pole.

[@griggsfarmsllc]

Yes it is. That’s the reason I wanted to do it. There are a lot of misconceptions by the general public about farm subsidies because farmers don’t want to talk about it.

[@scottpeterson7218]

My farm has no base acres. Thus I do not qualify arc or plc. But still have to do all the reporting and work the same as anyone else who gets these benefits. I do receive farm loans but do not receive the same safety nets. I am 42 so I was not quite old enough to sing up (5years old in 1986) what would you suggest people in my situation do. Example. Push to be qualified as a disadvantaged farmer?

[@griggsfarmsllc]

I honestly don’t know. I don’t know what your ethnicity is but get DNA tested to see if you have a certain percentage of African American, Native American, or some other minority group ethnicity. That should open up a few more avenues if you have any minority blood. But bottom line is that if you don’t have base acres, you’re screwed. And if you don’t participate in any programs or receive other benefits, I would question if you need to comply with all their reporting.

[@Mr50403]

​@@griggsfarmsllcIf you live as a white man but have a small amount of minority DNA and use it to get money nothing good will come from that.

[@ElizabethGibson-n4l]

Thank you for explaining a subject that is not talked about.

[@CharlieKimbrough-b3r]

Hey I have a school assignment on this and this was very helpful thank you (:

[@RouthFarms]

Great video Matt! Learned a lot that I didn’t know, that’s for sure. Thanks for the video.

[@winterhorse290]

You know, I thought you were the average farmer with a little education. WRONG! You should be teaching young people about farming and EVERYTHING that’s envolved. I feel like I’m in a college lecture. GREAT JOB!

[@jeannankeefe845]

I know farmers that are some of the smartest people you'll ever meet. With and without degrees. Most farms if successful are multimillion dollar operations and you ain't no dummy when you can do that.

[@todd1808]

Agreed.....

[@charlietanner6211]

farm programs are part of the reason i quit thaat and input cost,s if the govmnt got out then i,m afraid the big ag co would finish takeing over my heart go,s out to farmers like you all you are a true farmer

[@ScottRuark-q8x]

I bought a farm with wheat and barley base acres and it’s all pasture and you just explained it better than the local FSA agent did- you sure you didn’t write the farm bill

[@griggsfarmsllc]

lol. If I’d wrote the farm bill, the farm programs wouldn’t look the way they do.

[@USAFarmers]

Thank you for sharing this!

[@gregrhodes8451]

You're right Matt! God bless

[@donalddehaven3229]

Thank you for this video.

[@WilliamWebb-i4f]

I farm in south ga glad you put it out there how things work a lot of people think farms are all rich and take money from the government even though that’s far from the truth

[@kevinr5187]

Most farmer at least some of the land they farm so the majority are rich, it’s just that their assets are not liquid.

[@randythrash3352]

VERY WELL DID MY FRIEND

[@j.wrightwheyfarmingandstuf9695]

Good job.

[@allenpate8522]

Great job explaining a very confusing topic

[@dralord1307]

Huge issue to me is cities creeping into farm land. Less good farmland pushes farmers to worse and worse land, pushing down yields and pushing up expenses. You cant get farm land back once cities/housing destroy it

[@JerryGreen-so8yg]

First thing they should do is rename it from farm bill to food bill

[@wysurvivor]

Hello Matt let me start by saying I really enjoy the content. I believe that there is way too much government in farming. I believe in a free market. You didn't talk about the industries that are subsidized to buy crops. Like A.D.M, ethanol and fuel.

[@wysurvivor]

Maybe someday if you make it up north to plow snow or I find my way down your way we could cuz and discuss life in person,👍

[@griggsfarmsllc]

I didn’t talk about it because I’m not very knowledgeable on the subject. I only talk about subjects I know about so I don’t spread disinformation.

[@wysurvivor]

@@griggsfarmsllc I understand, and you did an eloquent job in your video. So much of the intricacies of a conversation are lost in a post on KZbin. My family has been farming in Wyoming for over a 100 years. My brother and I would have taken over if not for some bum aunt's and uncles selling the farms.

[@JBGOTGAME]

What can I farm on 20 acres

[@tech958]

Maybe farmers should focus on quality instead of quantity. Why is it that we have the cheapest food, but we also are the most obese and spend more on healthcare per capita than any other country?

[@ScottRuark-q8x]

@@tech958 because we have easy lives and don’t have to struggle to obtain calories, if we ate 3000-5000 calories a day of the healthiest food on the planet we would still be obese.

[@Mr50403]

Capatlism. Sell the cheapest bllsht you can.

[@electricman69]

Spoken by a hard line communist congratulations comrade ​@@Mr50403

[@jeffwilliams3642]

Hold on a sec.... I followed along on the whole video and i got a quick question. If i understand what you said then if you have a farm with 100 base acres and now the farm has 120 tillable acres and something happens you are basicily getting screwed out of money on the whole farm and going in the hole on 35 acres? Farming truely is a gamble.

[@griggsfarmsllc]

I wouldn’t say we’re getting screwed. It’s up to each of us as a business owner to insure that we can make a profit with our product rather than depending on the government to stay in business. But yes you are correct in your understanding of base acres.

[@jeffwilliams3642]

@@griggsfarmsllc so kinda in a nutshell the subsides are kinda like extra insurance because the years you do fair or good the the government don't pay because you didn't need them to but the times you have a bad year they are only gonna pay a percentage of what the product should have been worth and then on a certain amount of land on that farm instead of the whole farm?

[@griggsfarmsllc]

Yes

[@PaulAnderson777]

You do a very good job of explaining row crop subsidies. (there are no subsidies for fruits and veggies, and very few for meat or dairy) But I don't follow your logic on how subsidies increase food production. Do you really think that farmers would stop trying to maximize per-acre profit without subsidies? Do you think that farmland would go idle without subsidies? Well, maybe ground that is prone to crop failure wouldn't be planted without subsidized crop insurance. But any ground that will produce a crop four years out of five will be farmed, regardless of subsidies. There is so much competition for farmland that many people will farm for free! (small farmers who support themselves on an off-farm job and don't actually derive net profit from their farm). Do you really think that those people will go away without subsidies? Subsides don't keep very many farmers in business, they just drive up the price of farmland and force farmers to bid all potential profits into land costs. They have almost no effect on retail grocery store prices.

[@griggsfarmsllc]

There’s a difference between maximizing profit per acre and maximizing yield per acre. I follow your logic and believe there is some merit behind it. Yes farmland is very competitive in the Midwest with astronomical rental rates. Not so much in other parts of the U.S. Without subsidies, there would likely be fewer acres farmed outside the Midwest. Yes the Midwest produces a majority of the major commodity crops but losing a lot of surrounding production could mean the difference in $4 corn and $5.50 corn. How many millions of acres are farmed at a loss without subsidies??? Bottom line is that either of us could be right but we’ll never know unless subsidies are eliminated.

[@airdad5383]

I'm not against farm subsidies as long as we have subsidies. I would like it if nobody needed subsidies. Governments are giving massive subsidies to the EV car industry and I don't think that is sustainable and the cars are still expensive.

[@Mr50403]

Tech Companies run the Republicans and Democrats.

[@scottchildress9027]

Isn’t this a form of welfare ?

[@jarrodwemhoff7270]

No, they’re buying our information. They’re also paying us to not do anything to drastic to make a living on a farm. Turning a wet pasture into crop with a boatload of tile might get you kicked out of the program

[@dougshultz7069]

Crp in Ohio is bs farmed a farm you can log it now never been touched in 17 years

[@LtColDaddy71]

Not even going to watch it. The whole topic makes me so livid. 1st of all, the subsidies don’t help farmers. They help multi national giga corps get commodities for next to nothing, instead of paying a fair price for them. The subsidies give the farmer a “push” for that year. They may, or may not lose money with a payout, either way, they live to fight another day. Farmers are not helped by crop insurance subsidies, they are trapped by them. Its pushed them in to only producing the crops spelled out in the farm bill. That has caused producers to plant those crops in areas that didn’t grow many acres of those crops 50 years ago. But with the right synthetic chemistry, they now can. Farmers were duped in to getting rid of their animals, those who do have livestock have been convinced they have to raise behemoth beast that require getting corn shoveled in to them as fast as you can to provide the caloric requirements needed to support that size. Agriculture is just a mess all the way around. It’s killing far more people than the tobacco industry ever did. We are the sickest people on the planet. Nothing has any flavor anymore. I refuse to play the game quite frankly. My break even point is reached at 50% of my 10 year yield averages. I’m disgusted that more producers don’t come over to the other side. Like I always say, I’m glad I’m dumb. Too dumb to realize what I’m doing is impossible and can never work.

[@mscotthowell1]

Farm subsidies are the Republican's blind spot when it comes to fiscal conservatism. Most of the federal programs are managed better by the States. Texans know how to run agriculture programs in Texas, more than some bureaucrat hundreds of miles away from them. Same for the other 49 states. Same goes for education, health care, disaster relief, etc. If Texans want to allow diesel farm equipment, then have at it. On the other hand, if California wants to ban diesel farm equipment, and the voters approve of it, then they should do it. Farmers will leave the state, but that is the market speaking.

[@griggsfarmsllc]

Can’t argue with that

[@dougpoteet6857]

😳

[@hickeeyy]

The majority of the subsidy money goes to corporate farms. It’s not to help the little guy it’s to take from the little guy and give it to the big guy. This coming from an idiot who didn’t take ppp money because I believe in responsible buisness and in a free market it’s up to us to weather the storm. We do nothing for small business and are letting corporate interests buy up everyone with better loan rates and less taxes. Farming example Walmart and the dairy industry.

[@williamhamill813]

Trump wants to double down on his Tariff plan we all know that is going to hurt the consumer and the American farmer. Farm subsidies really seem to help and I hope the price comes back soon.

[@ScottRuark-q8x]

@@williamhamill813 so it’s kind of funny most farmers will still vote for trump-just shows how out of step the Democrats are with middle America

[@Mr50403]

​@@ScottRuark-q8xYou made a good point. I think meeting in the middle is better than the far right and far left running America. I'm a veteran I believe in the 2nd Amendment and I don't think children and elderly people should starve when we send billions overseas.

[@Mr50403]

You are not wrong. It's the far right and far left running American policies.

[@jamesevans20]

Damn, so much regulation, what if you’re a Slave descendant, do you win the Jackpot?

[@Mr50403]

Did you think about the hellish lives of slaves before you typed that? Would you want to be a slave?