Friday, July 19, 2002

Corn clarified [NYT]
Under the 10-year program, taxpayers will pay farmers $4 billion a year to grow ever more corn, this despite the fact that we struggle to get rid of the surplus the plant already produces. The average bushel of corn (56 pounds) sells for about $2 today; it costs farmers more than $3 to grow it.
In case you didn't read the whole Farm Bill I mentioned the other day.

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