Originally Posted by
PawDawg
Reading comprehension is a problem for Trump haters...
Farming means failure sometimes due to weather. That's why they PURCHASE crop insurance. It's not free and they don't receive it unless they are making an attempt to make a crop which is part of farming. Crop insurance is no more revenue than collecting a check from insurance when your house burns down. Like I said it's not a true statement. Bloomburg is full of shit.
Almost 40% of projected farm profit this year will come from trade aid, disaster assistance, federal subsidies and insurance payments, according to the report, based on Department of Agriculture forecasts. That’s $33 billion of a projected $88 billion in income.