A massive, five-year farm bill set for a Wednesday floor vote in the U.S. House offers important safety nets for South Dakota farmers and ranchers.
The compromise deal reached by congressional leaders on Monday would reopen avenues of federal support allowing ranchers devastated by last October's early-season blizzard to apply for emergency relief and support from the federal government.
The new bill would still heavily subsidize major crops, including corn, soybeans, wheat, rice and cotton. But it moves many of the subsidies into insurance programs and eliminates so-called direct payments, the $4.5 billion-a-year subsidy currently paid to farmers whether they farm or not.
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