Ryan Krueger

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07/01/2008 Mises Daily Ryan Krueger

Corn, wheat, sugar and a dozen other crops all got increased subsidies in the recent Farm Bill, signed with terrifying agreement. Is there an end in sight? One overlooked clue while those crops are fetching sky-high prices in that other system known as the free market is data showing farms took acreage from pastureland, which livestock need to graze. So, ranchers have been liquidating herds and giving up in the battle against soaring feed costs.

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