Other than corruption, essentially a bribe to the Senators of states that have a low population and a large farm lobby, how does “subsidizing” farms help anyone? (but the tiny percentage of the population who happen to be receiving the money) As I understand, there’s all sorts of price controls and artificial subsidies.
Aren’t markets supposed to be efficient? Wouldn’t having farming done by large, efficient farming corporations, so long as they didn’t grow so large to be a monopoly, produce the lowest cost crops? And wouldn’t allowing the prices to fluctuate with supply and demand produce the best balance of production vs consumption?
I mean, sure, this might mean that the price of milk or cornflakes would oscillate, but the average price would be lower. And the government would save money overall on it’s various food stamp and snap programs - though I suppose that oscillating prices would make this kind of program harder to run because the budget needed to give families for a given “basket” of goods would rise and fall.