Farm Commodity Programs: Direct Payments, Counter-Cyclical Payments, and Marketing Loans

Monke, Jim

Library of Congress. Congressional Research Service.

关键词: Agriculture;    Federal aid programs;    Agricultural price supports;    Farm produce;    Budgets;   

RP-ID  :  RL33271
RP-ID  :  RL33271_2006Feb10

美国|英语

来源: UNT Digital Library

【 摘 要 】

Commodity support provisions in the Farm Security and Rural Investment Actof 2002 (P.L. 107-171, the 2002 farm bill) include three primary types of payments:(1) annual direct payments unrelated to production or prices, (2) counter-cyclicalpayments which are triggered when prices are below statutorily-determined targetprices, and (3) marketing assistance loans that offer interim financing and, if pricesfall below statutorily-determined loan prices, additional income support. This report describes the payments for wheat, feed grains, cotton, rice, oilseeds,peanuts, wool, mohair, honey, and certain other small grains. These commoditieshave similar rules, and generally account for about two-thirds of USDA farmcommodity program outlays.