Farm Commodity Payment Limits: Comparison of Proposals

Description:

This report discusses U.S. policy regard farm commodities. Greater public awareness of the size of commodity program payments reaching a
comparatively small number of very large farms has focused the attention of Congress on payment limits. Limits on commodity program payments have been imposed since 1970. As part of the emergency economic assistance packages enacted each of the past
three years, the payment limits have been doubled. In addition, a mechanism has been developed that allows farms to circumvent the limit on loan deficiency payments, namely commodity certificates

Creator(s): Womach, Jasper
Location(s): United States
Creation Date: April 26, 2002
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
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Creator (Author):
Womach, Jasper

Agriculture Policy Specialist

Publisher Info:
Place of Publication: Washington D.C.
Date(s):
  • Creation: April 26, 2002
Coverage:
Place
United States
Description:

This report discusses U.S. policy regard farm commodities. Greater public awareness of the size of commodity program payments reaching a
comparatively small number of very large farms has focused the attention of Congress on payment limits. Limits on commodity program payments have been imposed since 1970. As part of the emergency economic assistance packages enacted each of the past
three years, the payment limits have been doubled. In addition, a mechanism has been developed that allows farms to circumvent the limit on loan deficiency payments, namely commodity certificates

Physical Description:

6 Pages.

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Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
Identifier:
Resource Type: Report
Format: Text