This is a story about peanuts. When Congress passed an updated Farm Bill in 2014, the legislation included a program focused on the legume. The economics of agricultural subsidies are notoriously complex, but the important part here is that the price point established by the government tacitly encouraged more peanut production, as a Congressional Research Service report from last year noted. So farmers planted more peanuts — so many that there may not be enough warehouse space this year to contain them all. Click here for more details.

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