The Mercatus center released a report yesterday that I wrote on the farm-to-consumer effects of food policies, focusing crop insurance subsidies, SNAP, and ethanol promotion.
The federal government subsidizes the premiums farmers pay for crop insurance - often around 65% of the premium. What effect does that have on farm and food prices? Here's a summary:
I also find that SNAP (or food stamps) is a very inefficient form of farm support: for every dollar spent by taxpayers, farmers benefit by only one cent. A reduction in demand for corn-based ethanol would reduce food - especially meat - prices, while hurting corn producers.