I would like to see a farmer getting ethanol subsidies. Please provide a list. Silly me out on the farm, I always thought that corn was sold by a farmer on the market down at the grain elevator coop with no real regard where it is going to be used. Not sure how ethanol plays into that decision, except for those few farmers that are growing ethanol specific hybrids being bought solely by ethanol producers. Those farmers see a little bit of a lift from the general market price, but not that great. It is only because the corn structure of those hybrids are more favorable for ethanol production and reduce the cost to produce ethanol that the ethanol producers are willing to pay a little over market price for that variety of corn. But farmers that are growing those varieties is limited.
And Walt is right, if corn had followed inflation trends of the last 50 years, corn would be considerably higher on the market than it is. Now it can be argued somewhat that there are "subsidies' for the crop insurance program, but the crop insurance program is not limited to corn, but is provided across the spectrum to all crops being grown. I don't really see that as a bad thing. We spent more in one month in the Iraq war, on average, than we spend on crop insurance premium subsidies in a full year. By offering the crop insurance premium subsidies, it makes for a more stable agriculture environment that actually benefits the consumer. It is not a net loss to the tax payer. In contrast, what did we gain out of the Iraq war except 1.1 Trillion dollars lost, over 4100 dead Americans, a large batch of wounded ones, and a big list of families that have been dramatically effected. I am waiting to see the list of military that have died in the cornfields of America. I am more than comfortable with any crop insurance subsidy program.