> For bulk commodities, the US subsidies are largely commodity-specific and acre-basedAgain, the largest component is crop insurance, which is modelled essentially the same as it is in Canada. ~60% of the premium is paid for by the government in both cases. The payout is dependent upon acres.
> The number of US dairy farms is down almost 80% since the 1990s
And 74% in Canada, for what it is worth.
> If you're a Canadian dairy farmer
Not anymore. I am among the 74%. The double-edged sword with the stability offered by supply management is that it makes borrowing much easier (effectively government-guaranteed cashflow), which pushes the price of everything higher, so the economics aren't all that great unless you sold your $100,000 per acre farm in the Netherlands or Germany to pay for it.
> the US system looks like it encourages production above all else
I am not sure I would say that. Co-ops with quota-like systems are not uncommon in the US. What their system does allow is that one guy who thinks he can undercut the prevailing market to slide in, while Canada has a legal path to put a halt to such behaviour. Maybe that's something favourable, but why only in dairy, poultry, and eggs? Isn't that something that every market would want?
> Canadian farmers have a lot more of a direct influence on their government
I do remain a Canadian farmer, though, so I would love for you to expand upon that thought.
> Because it's political!
This is quite a deviation from the bulk commodity/farming practice explanation before. Why the change in tune?