The Agriculture Risk Protection Act of 2000 () made major revisions to the United States' federal crop insurance program and provided emergency agricultural assistance. The crop insurance provisions significantly increased the program's government subsidy; improved coverage for farmers affected by multiple years of

natural disaster A natural disaster is the very harmful impact on a society or community brought by natural phenomenon or Hazard#Natural hazard, hazard. Some examples of natural hazards include avalanches, droughts, earthquakes, floods, heat waves, landslides ...

s; and authorized pilot insurance programs for

livestock Livestock are the Domestication, domesticated animals that are raised in an Agriculture, agricultural setting to provide labour and produce diversified products for consumption such as meat, Egg as food, eggs, milk, fur, leather, and wool. The t ...

farmers and growers of other farm commodities that were not served by

crop insurance Crop insurance is insurance purchased by agricultural producers and subsidized by a country's government to protect against either the loss of their crops Failed acreage, due to natural disasters, such as hail, drought, and floods ("crop-yield ins ...

, among many other provisions. The emergency provisions made available a total of $7.14 billion in emergency farm assistance, mostly in direct payments (called market loss payments) to growers of various commodities to compensate for low farm commodity prices.

References

* {{DEFAULTSORT:Agriculture Risk Protection Act Of 2000 United States Department of Agriculture United States federal agriculture legislation Agricultural insurance in the United States Acts of the 106th United States Congress United States federal insurance legislation

See also

References