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Agricultural Marketing Assistance Loans and Loan Deficiency Payments

Description: Marketing assistance loans for the major crops were designed to facilitate orderly marketing by providing short-term financing so that farmers could pay their bills right after harvest and spread their sales over the entire marketing year. However, the persistence of very low commodity prices transformed the loan program into a major vehicle of farm income support. Marketing loan program benefits (primarily loan deficiency payments, LDPs) to farmers amounted to about $5.9 billion in 1999, and w… more
Date: December 13, 2000
Creator: Womach, Jasper
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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