Farms.com Home   News

Mountain West Farmers Have Received More Than $3 Billion for Crop Losses Since 2001

By Kaleb Roedel

From 2001 to 2022, less than a quarter of the nation’s farms received payments for crop losses, according to the Environmental Working Group, a nonpartisan advocacy organization.

The group found that a majority of that money went to large farms growing commodity crops – like corn, soybeans and wheat – in a handful of states. In fact, almost two-thirds of all payments went to producers in just 10 states.

Texas farmers received the largest share – 14% – for a total of more than $23 billion. Farmers in Midwestern states and California made up the rest of the top 10 list.

In the Mountain West, meanwhile, farmers received more than $3 billion during that two-decade span.

Anne Schechinger, an agricultural economist and author of the report, said many payments were for drought, flooding and heat, among other weather-related events.

Click here to see more...

Trending Video

2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

Video: 2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!

There were no big surprises in the USDA June report as it historically is not a market moving report, but U.S. HRW production was lowered by 18 million bushels. The June USDA crop report was neutral- higher global stocks & South American production offset lower U.S. wheat and higher U.S. corn exports.
Crude oil breaking lower technically on news of a peace deal with Iran.
Elon Musk is now a trillionaire with the debut of the SpaceX IPO today!
Markets pricing in a 2026 U.S. corn yield at 187 bpa with the worst start to June in 50+ years on non-threatening weather that remains a “wild card".
El Nino has arrived according to CPC.
U.S. wholesale Gulf urea prices plunged 81.3%.
The spreading of screwworm in the U.S. is BULLISH cattle long-term.
+ CFTC fund flow.