I have a complex and much criticized view of farm subsidies.
On the one hand, I acknowledge that the "commodity program" embedded in the Farm Bill is a back-door sop to agribusiness giants like meat titan Tyson and grain-processor Archer Daniels Midland. By encouraging farmers to produce as much corn and soy as possible even when prices are low, subsidies push down the price of commodity crops -- and fatten the profits of the firms that buy them.
On the other hand, I disagree with sustainable-food activists who claim that subsidies are the root of our food-system problems. Take them away, I've argued more than once, and you'd still have a food system that mainly produces junk churned out by a few big companies. Plus, rather than campaigning to end subsidies, I think we should be pushing to redirect them to more useful purposes: like rebuilding local and regional food infrastructure.
A study just released by the Global Development and Environment Institute at Tufts illustrates my point. The authors -- veteran Tufts researcher Tim Wise, plus Alicia Harvie -- look at the effect corn subsidies have had on consumption of high-fructose corn syrup, the U.S. food industry's favorite sweetener.
They essentially pose two questions: 1) Do HFCS producers benefit from the subsidy program?; and 2) Can the rise in obesity/overweight and diabetes rates be tied to corn subsidies through HFCS? Their conclusions might surprise you.