5min chapter

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Farm Bill Sows Dysfunction for American Agriculture

Cato Daily Podcast

CHAPTER

Impact of Crop Insurance Subsidies on Farmers' Decisions and the Food Supply

This chapter explores how government crop insurance subsidies for a few select crops lead to monoculture farming, resulting in negative impacts on food supply diversity, the environment, and farmer flexibility. The story of a farmer who opted out of subsidized programs to diversify his farm highlights the importance of independent decision-making and adaptation.

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