Farm Bill’s unnecessary for food.
J.D. Tuccille 23. Former managing editor of Reason; Reason, 3/29/2023, “This Year's Farm Bill Threatens to Be a Bigger Monster Than Ever,” https://reason.com/2023/03/29/this-years-farm-bill-threatens-to-be-a-bigger-monster-than-ever/
Monster Subsidies That Are Unnecessary, But Seemingly Unstoppable
Cato's Lincicome pointed out that Australia and New Zealand both largely eliminated agricultural supports years ago and remain major producers. Their farmers learned to adapt and innovate in response to the market.
"In the midst of a financial crisis in the mid-1980s, New Zealand decided to swallow a bitter pill and scrap all farm subsidies," The Times of London reported in 2017. "There were nationwide protests, more than 50 suicides as land values plummeted and interest rates soared for indebted farmers no longer eligible for cheap finance. Yet today the country's farm sector is thriving and much more diversified."