In bad years, higher premiums and higher payouts cost taxpayers more. When prices are lower and premiums are lower, the public is not out as much.
The farm bill passed the Senate Monday with cuts to SNAP and direct payments to farmers. The bill did include subsidies for peanut and rice farmers.
The House voted to pass their farm bill Thursday, but there's still work ahead to reconcile both the Senate and the House bills before the Sept. 30 deadline.