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Apple Market Loss Assistance Program
The Apple Market Loss Assistance Program is a program of the Farm Service Agency that has made payments to apple producers to partially offset revenue losses from low prices caused by the loss of markets. The 2002 farm bill (P.L. 107-171, Sec. 10105) mandated the payment of $94 million by the Commodity Credit Corporation (CCC) for lost markets in crop year 2000. Earlier funding was mandated for the 2000 crop of apples by P.L. 107-76, Sec. 741 ($75 million), and for the 1998 and 1999 apple crops by P.L. 106-387, Sec. 811 ($100 million). See also *Market loss assistance Market loss payments is a designation first used in the Omnibus Consolidated and Emergency Appropriations Act, FY1999 (P.L. 105-277) to describe the $3.1 billion in emergency income support payments authorized for eligible grain, cotton, and dairy ... References *{{CRS, article = Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition, url = https://web.archive.org/web/2011081004453 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Farm Service Agency
The Farm Service Agency (FSA) is the United States Department of Agriculture agency that was formed by merging the farm loan portfolio and staff of the Farmers Home Administration (FmHA) and the Agricultural Stabilization and Conservation Service (ASCS). The Farm Service Agency implements agricultural policy, administers credit and loan programs, and manages conservation, commodity, disaster, and farm marketing programs through a national network of offices. The Administrator of FSA reports to the Under Secretary of Agriculture for Farm Production and Conservation. The current Administrator is Zach Ducheneaux. The FSA of each state is led by a politically appointed State Executive Director (SED). History The origins of the FSA start with several earlier agencies starting in the 1930s, with several programs and agencies developed during the Great Depression. The Resettlement Administration of 1935 was an early attempt to relocate entire farming communities to more profitable loca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2002 Farm Bill
The Farm Security and Rural Investment Act of 2002, also known as the 2002 Farm Bill, includes ten titles, addressing a great variety of issues related to agriculture, ecology, energy, trade, and nutrition. This act has been superseded by the 2007 U.S. Farm Bill. The act directs approximately 16.5 billion dollars of funding toward agricultural subsidies each year. These subsidies have a dramatic effect on the production of grains, oilseeds, and upland cotton. The specialized nature of the farm bill, as well as the size and timing of the bill, made its passage highly contentious. Debated in the U.S. House of Representatives during the immediate aftermath of the September 11th attacks in 2001, the bill drew criticism from the White House and was nearly amended. The amendment, which failed by a close margin, was proposed by Rep. Ron Kind (D-WI) and would have shifted money away from grain subsidies to conservation measures. Public debate over the farm bill continued, and the S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodity Credit Corporation
The Commodity Credit Corporation (CCC) is a wholly owned United States government corporation that was created in 1933 to "stabilize, support, and protect farm income and prices" (federally chartered by the CCC Charter Act of 1948 (P.L. 80-806)). The CCC is authorized to buy, sell, lend, make payments, and engage in other activities for the purpose of increasing production, stabilizing prices, assuring adequate supplies, and facilitating the efficient marketing of agricultural commodities. The CCC, which has no staff, is essentially a financing institution for the USDA's farm price and income support commodity programs, commodity export credit guarantees, and agricultural export subsidies. The programs funded through CCC are administered by employees of the Farm Service Agency, the Agricultural Marketing Service, and the Foreign Agricultural Service. The CCC has the authority to borrow up to $30 billion from the US Treasury to carry out its obligations. Net losses from its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Loss Assistance
Market loss payments is a designation first used in the Omnibus Consolidated and Emergency Appropriations Act, FY1999 (P.L. 105-277) to describe the $3.1 billion in emergency income support payments authorized for eligible grain, cotton, and dairy farmers. The Act stated that such funds were to compensate farmers for the loss of 1998 income caused by “regional economic dislocation, unilateral trade sanctions, and the failure of the government to pursue trade opportunities aggressively.” Similar economic emergency support payments for selected commodities were subsequently enacted in P.L. 106-78 ($6.5 billion), in P.L. 106-224 ($6.5 billion), in P.L. 106-387 ($0.9 billion), and in P.L. 107-25 ($5.5 billion). Market loss assistance to grain and cotton producers were distributed in parallel manner to the contract payments authorized by the Agricultural Market Transition Act. See also * Apple Market Loss Assistance Program *Dairy Market Loss Assistance Dairy Market Loss Assi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |