Emergency Funding for Agriculture: A Brief History of Congressional Action, FY1989-FY2001

Description:

From FY1989 through FY2001 (to date), nineteen appropriations or farm disaster acts have provided $38 billion in emergency funding for U.S. Department of Agriculture (USDA) programs. Nearly $27 billion, or about 70 percent of the total amount, has been provided for FY1999-FY2001 alone. Since FY1989, the vast majority of the funds has been paid directly to farmers, primarily in the form of “market loss payments” (just under $17 billion, all since FY1999) to compensate for low farm commodity prices, and disaster payments($15.6 billion) paid to any producer who experienced a major crop loss caused by a natural disaster. The remaining $5.4 billion has funded a wide array of other USDA programs, including other forms of farm disaster assistance, farm loans, overseas food aid, food and nutrition programs, and rural development assistance.

Creator(s):
Creation Date: December 11, 2000
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
Usage:
Total Uses: 19
Past 30 days: 0
Yesterday: 0
Creator (Author):
Creator (Author):
Publisher Info:
Place of Publication: Washington D.C., USA
Date(s):
  • Creation: December 11, 2000
Description:

From FY1989 through FY2001 (to date), nineteen appropriations or farm disaster acts have provided $38 billion in emergency funding for U.S. Department of Agriculture (USDA) programs. Nearly $27 billion, or about 70 percent of the total amount, has been provided for FY1999-FY2001 alone. Since FY1989, the vast majority of the funds has been paid directly to farmers, primarily in the form of “market loss payments” (just under $17 billion, all since FY1999) to compensate for low farm commodity prices, and disaster payments($15.6 billion) paid to any producer who experienced a major crop loss caused by a natural disaster. The remaining $5.4 billion has funded a wide array of other USDA programs, including other forms of farm disaster assistance, farm loans, overseas food aid, food and nutrition programs, and rural development assistance.

Physical Description:

6 pages.

Language(s):
Subject(s):
Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
Identifier:
Resource Type: Report
Format: Text