First-year price of 2014 farm-bill crop subsidies, $6.5 billion

The government will make its first crop-subsidy payments under the 2014 farm law in October, with an estimated transfer of $6.5 billion to follow, said USDA deputy undersecretary Alexis Taylor at a House Agriculture Committee hearing. The 2014 law gave grain and soybean growers a one-time choice of traditional price supports, based on a floor… » Read More

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