Millionaire enterprises including Monsanto, Pioneer Hi Bred and nine other multinational producers of transgenic and hybrid seeds benefited from over $519.7 million in Puerto Rican public funds throughout the last 10 fiscal years
Powerful agribusiness companies that regularly net billions in profits are major recipients of state and federal tax breaks, subsidies, grants and loans. Just seven of those companies have pocketed billions since 2000, according to government subsidy data from Good Jobs First. Tax experts say the co
Tens of millions of people live off of government welfare in the United States. Some say that giant agriculture corporations do, too. An analysis of data attained by the policy research organization Good Jobs First shows that just seven agribusinesses have received billions of dollars in state and f
The federal crop insurance program has – once again – come under fire for giving farmers too many subsidies and costing the American taxpayer too much money. This time, the attempt to restructure what many in the agriculture industry refer to as the main “safety net for farmers” comes from the White
The amount of money that the government spends on expensive crop insurance subsidies has long come under criticism. This month, a federal report found that small cuts to premium subsidies could result in hundreds of millions of dollars in savings. The findings come as the national debt soars near $1
Congress and The President approved a nearly $1 trillion Farm Bill last week, effectively ending an uncertain period for the agriculture industry. While many farmers and ranchers are thankful that a bill has finally been passed, some believe the elimination of the direct payment subsidy program coul
Ethanol production in the United States may contribute to shrinking food stocks and rising food prices, experts warn. Following the food crisis of 2008, experts say the increasing dedication of crops to fuel may lead to future malnutrition and starvation around the globe.