▲ | bfdm a day ago | |||||||
Not a an expert in this area at all, but I suspect there's an aspect here if maintaining productive capacity to replace imported food, if that became unavailable. Cursory searching suggests US food exports are similar in scale to food imports. Roughly speaking, with some adaptation that export capacity could be redirected for domestic nutrition. If, in contrast, you let those farms and skill dry up it would be difficult to rebuild quickly. | ||||||||
▲ | KingOfCoders a day ago | parent | next [-] | |||||||
How does capacity work? If the US needs food because of an export stop of supplier countries because of a crisis, those farmers can't swap out what they produce. Depending on the year of time it might take 12 months to swap out export products for something else. This is not "standby-capacity". | ||||||||
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▲ | runako a day ago | parent | prev [-] | |||||||
I get that aspect. My assumption is that due to scale, location, etc., a farm that transitions from its current owner to a different owner will still be a farm with (possibly the same) employees. I don't see 30% of the farmland in Arkansas (assuming a foreclosure rate that high) suddenly becoming new-build city centers, or factories, or suburbs. It works as farmland, someone will probably buy it to use as farmland. I don't see why it's strategically important to the US taxpayer that one millionaire own it vs a different millionaire (or corporation). |