alt Hacker NewsYou may be happy with the current status but it’s actually both risky and expensive.
Risk management means managing risks, there’s plenty of things having more farmland doesn’t actually protect you from. On the other hand having a decade of food protects you from basically everything as you get time to adjust as things change.
Just as an example, meteor strike blocks sunlight and farmland is useless for a few years. Under the current system most of us starve to death. Odds are around 1 in 1 million that it happens in a given lifetime, but countries outlive people start thinking longer term and it becomes more likely.
I fully support having huge stockpiles in addition to subsidies. There's a lot of things midway on the scale between "business as usual" and "meteor strike" where minimizing supply chain disruptions would likely prove to be of great benefit.
I completely agree that the current way things are being handled appears to have its share of problems and could stand to be better optimized. But that doesn't mean it's useless either.