Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

My understanding is that there is government mandated pricing for crop insurance in the USA, which includes a legislated discount for GMO crops (after lobbying from the seed production firms).

So, it ends up being a subsidy from the government to the farmer. Farmer choice as an indicator of increased production is not required, only that total cost (or risk) to the farmer is lowered.

[1] Farm insurance as subsidy: http://www.gao.gov/products/GAO-14-700

[2] Lower price for GMO: http://www.rma.usda.gov/help/faq/bye.html



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: