Since the 1980s, the U.S. government has encouraged farmers to buy crop insurance by offering subsidies to offset the cost of premiums. However, these subsidies may have an unintended consequence leading to fewer farms. University of Nebraska-Lincoln Ag Economics professor, Cory Walters spoke with RFD-TV’s Janet Adkison on their impact, how it leads to fewer, larger farms and how farm consolidation can be avoided in the future.
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