This Farm Bill, ultimately passed in 2014 after numerous extensions and a painful two-year negotiating process, made major reforms to U.S. commodity programs, instituting a much bigger role for crop insurance and new revenue insurance programs. While the types of programs changed, the results were much the same — programs designed to support farmers when the market dropped, rather than attempting to address market volatility in agriculture. The bill also included cuts to conservation programs for the first time since 1985.
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Learn more about the Farm Bill.