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Agriculture Adjustment Act of 1933 (1st Farm Bill)
This was the first Farm Bill signed into law and was done so by President Roosevelt in 1933. This was generally the first legislation of it's kind and brought on a number of different programs used to help farmers in this time period that were having a hard time making a living. Programs included but weren't limited to mortgage overhauls, crop limitations, and livestock population control. All of these programs were instituted to help farmers and the agriculture sector survive hard times. -
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Farm Bill Era
From the initial Farm Bill labeled the Agriculture Adjustment Act of 1933 to the latest introduction of the 2018 Farm Bill signed into law by President Trump in 2018. Over the last 85 years, there has been a large number of changes and advances in the agriculture area and brings us to what we know as the agriculture sector today. -
Agriculture Adjustment Act of 1933 (1938 Revision)
As we know, the first farm bill was instituted in 1933. This lasted approximately 4-5 years before the first revision was signed into law in 1938. This new revision allowed for the continuation of the programs signed into law in 1933 but also added greater protection for crop insurance for farmers that incurred losses on their row-crop operations and would struggle if not for government assistance at the time. This farm bill "ended" in 1942 but set forth the groundwork for future farm bills. -
2014 Farm Bill
This Farm Bill was signed into law by President Barack Obama on February 07, 2014. This bill provided programs and guidance from the years of 2014-2018 until the next Farm bill was passed by President Trump and provided close to $960 billion dollars in spending. This bill included credit programs with ownership loans, disaster coverage for farmers that lose a large amount of livestock due to natural disasters, and assistance programs for tree rehab in nurseries designed for this program. -
2014 Farm Bill (Crop Insurance changes)
One of the biggest changes to the crop insurance sector of the 2014 Farm Bill was the addition of the so-called STAX (Stacked Income Protection Plan) program. This program was a basis that allowed for protection for upland cotton producers and is based on income levels at the county level. This was a major change in the game as these producers weren't originally covered under price loss coverage or agriculture risk coverage as other producers were. -
2018 Farm Bill
This Farm Bill was enacted on December 20th, 2018 and was signed into law by President Trump. This bill provided further framework and guidance on maintaining Watershed infrastructure through continued programs for example. This bill provided reform and guidance on agriculture programs and extended them through 2023 at the latest which is the general length of time between different farm bills through the years. This bill was ordered and passed by a roll call vote and is our current farm bill. -
2018 Farm Bill (Introduction of Hemp Production)
This Farm Bill was a massive addition to the agricultural sector as this bill reclassified Hemp and allowed farmers to be able to grow industrialized Hemp. This added a huge market for the product as there is an unlimited supply of products this day that involve hemp or are made from the hemp that these farmers are producing. For example, there are hemp gloves, all kinds of hemp clothing, and the massive market of CBD oil, etc. This was a massive addition and will go down in history as such.
