To: richardred who wrote (481 ) 11/8/2006 9:57:29 AM From: richardred Respond to of 2801 Overproduction leads to innovation Tuesday, November 7, 2006 By Ryan Wendland Agri News SHERBURN, Minn. -- There are those who contend that agricultural overproduction spurred by subsides in the United States contributes to lower commodity prices in less developed countries and in turn, a lower standard of living in those countries. Gerald Tumbleson is not one of those people. Tumbleson said it is the overproduction of corn in this country that has led to innovations like ethanol. "We have ethanol because we had too much corn," Tumbleson said. "There will be new products in the future because we overproduce." Tumbleson said this century will be driven by what has been termed a "carbohydrate economy." Increased agricultural production will relieve the U.S. from dependence on foreign energy sources, he contends. "There is no reason to buy energy from someone else when we have the sun growing all of this right here," Tumbleson said as he points from the combine cab to the corn being harvested. "That is the future of the U.S. and we will be the leader in that." Tumbleson contends that revenue insurance should be in the farm bill because it is in the best interest of the country for farmers to overproduce grain, and that farmers should pay a percentage of the premium. "The farm bill was constructed for rural America," Tumbleson said. "The farm bill is not only for the farm, it is for the United States of America when you really look at it." Another way to improve the quality of life in rural America would be a graduated tax system, Tumbleson said. The Midwest farmer said he catches flak when he talks about a graduated tax system, but he said it is the best way to bind production and processing. A graduated tax system stimulates private ownership, he said. "The current tax system is trickle down, but it trickles down into other countries," Tumbleson said. "With a graduated tax system corporations can't take their money out of the country unless they pay a high tax. Let them take their money to other countries if they pay high taxes." Tumbleson said livestock production is key to the future of American agricultural because of fertilizer. Two-thirds of the 2,500 acres of corn ground he and his sons farm was fertilized with hog manure this year. Tumbleson and his sons each raise several thousand head of hogs a year and they purchase the manure from a 6,000-head herd to meet fertilizer needs. webstar.postbulletin.com