The Apple Market Loss Assistance Program is a program of the
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 ...
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
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 This act has been superseded by the 200 ...
(P.L. 107-171, Sec. 10105) mandated the payment of $94 million by the
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) ...
(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/20110810044532/http://ncseonline.org/nle/crsreports/05jun/97-905.pdf, author= Jasper Womach
United States Department of Agriculture programs