Farmers need coronavirus aid less than hungry people, say economists (Successful Farming)

Successful Farming published an article on farm subsidies and where needs lie. Congress allotted the same amount of funding, $13 billion, for public nutrition programs that it did for agriculture in the new coronavirus relief bill, even though hunger is on the rise, wrote three economists on Tuesday. “An obvious way to address the problem would be to shift all or most of the $13 billion earmarked for farmers to federal nutrition programs that serve hungry families in real need. Senior Research Fellow Joseph Glauber wrote “Due in part to mammoth federal subsidies and a rally in commodity prices, net farm income is the fourth highest in 50 years, when adjusted for inflation, and 43% higher than in 2019.” Republished in Rocket News