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Agriculture Adjustment Act creation
Franklin D. Roosevelt was elected in the 1932 presidential election. As part of his New Deal, Roosevelt created the Agriculture Adjustment Act to help farmers who were struggling through the Great Depression. The AAA helped stabilize prices on staple commodities - corn, wheat, sugar etc. -and incentivize farmers not to overproduce the way they had before the Dust Bowl and Depression. -
AAA - adjusted
The AAA was adjusted in its provisions in 1938. It was found unconstitutional to impose a higher tax on processors to allow producers a higher profit margin. Also, the rewriting of this bill made it put into law, with a stipulation to be reevaluated every 5 years. -
Food and Agriculture Act
Enacted by President Lyndon Johnson to provide direct income payments for price supports of corn and wheat commodities. Another goal was to reduce surpluses by acreage reduction of crop planting. -
Conservation Reserve Program
Allowed farmers to turn sections of cropland and marginal pastureland be turned into natural grasslands, wetlands, and wildlife habitat. The farmers received government subsidies for giving up portions of their land for conservation. Creating these areas helped decrease soil erosion, runoff into streams, and supports wildlife populations. -
Food, Conservation, Energy
Signed in by President G.W. Bush, with the purpose of reducing loan rates for farmers, changes disaster assistance, and reduces direct payments. Conservation - incentivizes and supports farms to create conservation areas, protects wetlands, grazing lands, and wildlife habitats. Energy - supports biomass production, ethanol production, renewable energy research, and supports conversion efforts to biofuels and using biorefineries. -
Ag. Act of 2014
Obama signed this bill into effect in 2014. The bill ends up cutting about $90/month from families with direct government aid. However, it provides extra funding to SNAP and Food Banks. It sets income caps to subsidies, and helps dairy farmers.