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Agricultutre Adjustment Act
-Apart of FDR's New Deal.
-Subsidies for farmers that limited production specific crops.
-This limited overproduction, which in turn increased prices.
-The subsidies were paid for by taxes from processing companies.
-Crops like corn and cotton (target crops) practically doubled in price by 1936.
-In 1936 the Supreme Court ruled it illegal to tax one group, the processors, to pay the other, the farmers. -
Soil Conservation and Domestic Allotment Act
-Created to amend the AAA of 1933.
-Paid farmers to try new crops, like soybeans.
-Maintained Production Controls. -
Agriculture Adjustment Act of 1938
-Included crop insurance.
-Subsidies paid from general tax revenues, rather than processors. -
The Agricultural Trade Development and Assistance Act
-Allowed crops to be sold to countries in need of these crops, like corn, wheat and cotton.
-Allowed foreign countries to pay for crops using their own currency. -
The Food Stamp Act
-Now one of the largest welfare programs.
-Currently costs more than $35 million dollars a year.
-Apart of Pres. Johnson's Great Society Programs.
-Purpose was to prevent hunger, improve low income citizens conditions, and to provide a foundation for US Agriculture.
-The stamps created a link between federal and state governments. Federal government pay for benefits and the states determine eligibility. -
Food Security Act of 1985
- This law added new programs such as: Export Enhancement Program and Conservation Reserve Program.
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Agricultural Act of 2014
-Amendments in the commodity programs, crop insurance, conservation programs, Supplemental Nutrition Assistance Program (SNAP), specialty crops, organic farmers, bio-energy, rural development, and beginning farmers and ranchers.
-Enacted in 2014 and will be in place until 2018, some programs will extend longer than 2018.
