Current agricultural policy in the UK subsidises sugar and red meat, even though dietary advice from the Department of Health recommends eating less of them.
It has also worked with the Bank of England to reduce the cost of credit and has subsidised high loan-to-value mortgages through a scheme called “Help to Buy”.
Those ranches that are still in business are in effect subsidised by the government, which charges grazing fees of just $1.35 a month for each cow on federal land.