Latest Food, Conservation, and Energy Act Stories

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...