Subsidy farming

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Subsidy farming refers to the raising of certain crops or animals for the value of government subsidies which have been attached thereto. Farmers of both hogs and corn have managed to secure lucrative subsidies for their products, and have at the same time secured legal barriers against competition. Some subsidies are positive - that is money is paid for increased production, while other subsidies are negative where tax revenues are given to farmers in exchange for not growing a particular commodity. Tobacco farmers in the U.S. state of North Carolina, for example, have recently been awarded tax-funds in exchange for not growing tobacco.

[edit] References

• Zell Miller proposes bill to end tobacco subsidies