Big peanut crop may bring big U.S. subsidy costs

With a 19-percent spurt in production, peanut growers are harvesting the second-largest crop ever and “threatening to hand American taxpayers a near $2 billion bailout bill over the next three years and leaving the government with a big chunk of the crop on its books,” reports Reuters. Market prices for peanuts are running at seven-year… » Read More

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