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Latest Farm Security and Rural Investment Act Stories

2005-07-13 17:20:59

WASHINGTON (Reuters) - U.S. farm subsidies will cost $12 billion more than expected over the next three years, a stiff increase from an earlier estimate due to mammoth crops at home and abroad, the White House forecast on Wednesday. In its mid-year review of federal programs, the White House budget office said lower market prices were in store "for many major commodities" after this fall's harvest. "When commodity prices are lower than the legislated target rate, payments to farmers for...


Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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