Originally Posted by ZLTFUL
I will agree with him that they are *NO LONGER* subsidized (stopped in 2010) but the drastic rise in corn prices, far exceeded the need for subsidies anymore. Corn prices have skyrocketed in the face of the Renewable Fuel Standard. So in a way he is right, but to say the corn growers aren't benefiting greatly from government mandates is naive at best and blatantly ignorant at worst.
Corn prices are high right now due to extreme weather events the past couple of years. Before this growing season turned to shit, economists were predicting burdensome supplies with the fall harvest and dramatically lower prices.
In Russia we have saying, "if it isn't broke, don't fix it". We also say, "if it is broke, don't fix it".