Reply #4: large corporations receive the bulk of subsidies [View All]

[UpInArms]

http://www.organicconsumers.org/OFGU/lionsshare121304.cfm

Large Corporate Farms Still Getting Lion's Share of Taxpayer Subsidies

From: THE AGRIBUSINESS EXAMINER
December 13, 2004, 2004, Issue #384
Monitoring Corporate Agribusiness
>From a Public Interest Perspective

EDITOR\PUBLISHER; A.V. Krebs
E-MAIL: [e-mail]
WEB SITE: http://www.ea1.com/CARP/
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MAJORITY OF U.S. FARM SUBSIDIES
STILL GOING TO MOST PROFITABLE
FARMS AND CORPORATE AGRIBUSINESS

JOY POWELL, MINNEAPOLIS STAR-TRIBUNE (11/30/04):
Most of the nation's $16.4
billion in U.S. farm subsidies went to the biggest and most profitable farms
and agribusinesses --- including Minnetonka-based Cargill Inc., according to
new data released Monday by a watchdog organization.

In Minnesota, corn subsidies topped the list, totaling more than $260
million to 51,547 recipients last year. That's twice the amount of soybean
subsidies paid in the state, according to the Environmental Working Group,
or EWG.org., a nonprofit organization in Washington, D.C.

Minnesota was the sixth-largest recipient of farm subsidies in 2003,
dropping from fifth place the year before.

...more...