The 2014 Farm Bill represents a big transition for a major sector of the economy.
Since 1996—for the past 18 years—farmers of major field crops from across the nation have received direct payments from Uncle Sam to help abate the risks associated with production agriculture.
With the enactment of the Farm Bill—the Agricultural Act of 2014—those days are over. Though Direct Payments have often been maligned in their nearly two-decade history, they were an efficient means of providing assistance that empowered farm families to manage their risk as they saw fit.
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