Farm Commodity Payment Limits: Comparison of Proposals

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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

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6 Pages.

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Womach, Jasper April 26, 2002.

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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

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6 Pages.

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  • April 26, 2002

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  • June 10, 2005, 6:25 p.m.

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  • Sept. 22, 2015, 11:40 a.m.

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Womach, Jasper. Farm Commodity Payment Limits: Comparison of Proposals, report, April 26, 2002; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metacrs2126/: accessed December 4, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.

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