New Farm Bill Spells Big Changes for Texas Ag

The nearly $1 trillion farm bill passed by the U.S. Senate on Tuesday after years of contentious political fights will bring about major changes for Texas farmers and ranchers, eliminating direct payments to producers in favor of programs that will only compensate farmers if they lose money. 

For close to 20 years, agricultural producers across the country have enjoyed direct cash payments each year, regardless of their profits or how many crops were actually planted. Cotton growers in Texas have been some of the biggest beneficiaries, receiving upwards of $3 billion in such payments over the past two decades ...

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