Texas farmers paid less to operate their farms last year, according to a new report from the U.S. Department of Agriculture.
The report shows that Texas farm production expenses were almost $24 billion in 2016. That sounds like a lot, but that’s actually about $230 million less than the year before.
Less money spent on livestock and poultry related expenses was the largest single factor in the drop. Texas farmers spent $50 million fewer dollars on those expenses in 2016.