One Degree wrote:So you don’t really care what your food tastes like as long as it’s efficient?
Admittedly this next part is a guess, but when corn became fuel instead of food the profit probably disappeared because of who they were selling to and competing with. This made soybeans more profitable, but my steak is disappointing.
The government is also instrumental in deciding what gets planted. If they want soybeans to go to China then soybeans will be more profitable.
I never said we should quit planting soybeans. I said reduction may not be all bad. Soybeans are planted because of profit, not benefits. This is due in large part to demand from China. If they don’t buy then that land will be switched to other crops. Many of which we now supplement from other countries. Turning a soybean field into a tomato field is easily done. I believe we should be more locally self sufficient in food. Reduction in soybeans would encourage that.
I quite doubt what you said there about meat quality. But, who knows. I am pretty sure you are just guessing though. It's pretty baseless as a matter for discussion, unless you can cite scientific research that a.) cows are being fed soybeans now as a result of soybeans being grown in response to increased demand from China and b.) that this has degraded the flavor of the meat. So, I think it is just baseless as a discussion topic, after all.
The government doesn't decide what farmers produce. The huge corporations which control the agricultural supply chains decide that.
And the use of corn as ethanol would not erode the profit basis. What it would have done is shift the demand curve because of the expansive new market for outputs. In economics, do you know what happens to price when demand increases?
However, it is possible that an oversupply of corn would result in a subsequent shift of the supply curve, once the corn was found to be not as suitable for fuel production as had been previously thought.
Here's a bit of trivia. There was a year or so when a surge of demand for corn from China occurred, in response to a shortage in the year's harvest in that country. This resulted in a temporary surge of demand for imported corn. Producers subsequently called for more corn, in the hope that this new source of demand would be a persistent one, but it turned out it was more of a one-time thing, and this led to an oversupply.
I think that was around 2004, if memory serves me right. Or maybe it was 2008 or so. Been a while since I read about that.