Stop crop insurance subsidy!

Taxpayers subsidize about  60% of the premiums that farmers pay for crop insurance – regardless of how wealthy the farmer is, regardless of the income of the farmer, and regardless of whether or not the owner actually even works on a farm.  Crop insurance covers not only losses due to disasters, but it also covers losses due to low prices.  There is no ethical, moral, or food security reason why wealthy farm owners should be receiving any subsidy.  Most farms, like most other businesses, need disaster insurance.  But, there is no good reason why taxpayers should subsidize the premiums.  Farmers say they need a 5-year farm bill so that they can properly plan.  That is understandable.  Let’s let them plan on not receiving any subsidy on their crop insurance.