Comment Re:And next up (Score 1) 467
Actually, the US hasn't utilized set-aside subsidies as a method of market control for decades, at least not for corn or soybeans. The major subsidy system in the US is a counter-cyclical payment, where American farmers are paid the difference between the actual price for the commodity and a government-determine floor price, which actually encourages farmers to farm more because they know they'll ultimately get paid the same amount per bushel no matter what, causing a completely different set of problems. The way America handles farm subsidies is almost the opposite of what you think is happening.