Subsidies account for 22% of US farm income

May 9, 2015

""While the US is not the only nation with massive subsidization--subsidies account for 22 percent of all US farm income, but there are even higher percentages in Europe and Japan--our status as the lowest-cost producer of grain was largely created by the shoring up of agribusiness."

 

Source: Marla Rose, "The Hunger Shame" VegNews, October 2012, 42. (No link available) [verified 4/18/14]

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