Yep they are hypocrits for sure. But subsidies are likely to disappear as prices hyperinflate. The US and EU can't afford them and the fundamentals for the food fibre complex are exciting so long as oil remains high ie forever. Grain prices in particular have to reach energy price parity or else global stocks will go to service stations instead of supermarkets. Now the real inflation begins!!!!
Yanks announced removal of cotton subsidies yesterday effective October.
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