What are the biofuel plants policy on taking in farm assured grain? Presumably they don't care if it is RT assured, not assured or Ukrainian imports, just whatever is the cheapest they can get their hands on.
All very well agriculture being more price sensitive... but we know those swings...
BPS was subsidy. ELMS will by and large not be a subsidy. ELMS will be payment for cost incurred and income foregone in supplying a "public good" The only farm subsidies we will see going forward will be in the form of capital grants.
What it won't do is replace the farm income that comes from BPS which is the difference between profit and loss for around half the farmers in the country.
In all likelihood it will fail farmers and it will fail tax payers but it will probably keep land agents in the luxury in which they are...
I dont see there being Covid Bonds. Firstly because Starma suggested it, secondly because unlike after the war the government can borrow money at near negative interest rates from the bond market or they can just print more, any such a scheme would be a mere gimmick. Apart from that I would...