Texas leads the nation in drought-related crop insurance payouts, increasing from $251m to $1.1bn per year, requiring federal crop insurance reform due to climate change.

Texas farmers face mounting expenses due to worsening droughts, with drought-related crop insurance payouts increasing at twice the rate of inflation. Texas leads the nation in crop insurance payouts due to drought, with payouts rising from $251m per year in the 2000s to $1.1bn per year in the first four years of the 2020s. The federal crop insurance program, which provides subsidies to American farmers, requires reform to adapt to long-term changes in temperature and rainfall, as costs continue to rise due to climate change.

June 06, 2024
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