Browse By:


Thursday April 17, 2014 Login |Register


A Project of

sponsored by

Farm Commodity Programs: A Short Primer

Bookmark and Share Report Misuse or Glitches

Publication Date: February 2005

Publisher(s): Library of Congress. Congressional Research Service

Series: RS20848

Topic: Agriculture, forestry and fishing (Crop management)

Abstract:

The U.S. Department of Agriculture (USDA) is required by law to subsidize approximately two dozen specified agricultural commodities. Several permanent statutes provide the basic authority for these subsidies; more recent multi-year farm bills shape their operation and funding levels. The most recent omnibus farm bill is the Farm Security and Rural Investment Act of 2002 (P.L.107-171). However, Congress since FY1989 has also passed 30 appropriations, authorization, or farm disaster acts adding approximately $53 billion in supplemental funding for USDA farm and related programs (through October 2004). This report will not be updated.