While the US is contemplating various buyout schemes to end ag subsidies, we may just be part of a global movement.
The EU Commission wants to offer wine-growers cash incentives to voluntarily take land out of grape production. After cries of protest, she this week cut the proposed scheme from 400,000 hectares to 200,000 hectares. [More]This idea: Big-Money-Now, just might work. After all they are dangling the incentives in front of Baby Boomers - arguably the most selfish generation in history.
Regardless, I think a pattern is being molded for farm policy. And I'm not so sure it is misguided.