Minnesota Corn Growers Assoc.
 
Consumer Information Center
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U.S. Farm Policy

Farmers and our government work together to ensure we all have a safe, abundant and affordable supply of food. Since national farm policy isn't something most Americans pay close attention to, it can often lead to confusion and misinformation. The following data--from the House Agriculture Committee--should help dispel some myths about the 2002 Farm Bill and farm policy in general.

Myth #1: U.S. farm policy costs a lot.
FACT: U.S. farm policy accounts for little more than one-half of 1% of the U.S. budget. In fact, the 2002 Farm Bill costs less than the 1996 Farm Bill.

Myth #2: The 2002 Farm Bill keeps farm prices artificially low and increases food prices.
FACT: As Americans, we enjoy the safest, most abundant and most affordable food supply in the world. Only 10.9% of our income is spent on food-that's lower than anywhere else in the world.

Myth #3: U.S. farm policy helps big corporate agribusiness, not family farms.
FACT: In many cases, big corporate agribusiness opposes U.S. farm policy. Current policies aim to help all American farm families, because all farm families are hurt by a world market that is neither free nor fair.

Myth #4: U.S. farm policy is just a form of corporate welfare that only benefits a small number of people.
FACT: Our nation's food and fiber industry has created 25 million jobs and produced $3.5 trillion in output, accounting for 15% of U.S. GDP. Ensuring a safe, abundant and affordable food supply creates strong rural and urban economies that benefit us all.

Myth #5: U.S. farm policy interferes with free markets and free trade.
FACT: U.S. farm policy complies with all U.S. trade agreements. But remember that foreign tariffs on agricultural goods are more than five times higher than U.S. tariffs. U.S. farm policy helps level the playing field so our farmers can compete in this unfair market.

Myth #6: The 2002 Farm Bill doesn't help conservation.
FACT: The 2002 Farm Bill provides over $39 billion for conservation-the highest level in history. This money will be used to fund programs that prevent soil erosion, preserve and restore wetlands, clean the air and water and enhance wildlife.

 
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