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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
Date: April 26, 2002
Creator: Womach, Jasper
Partner: UNT Libraries Government Documents Department
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Agriculture: A Glossary of Terms, Programs, and Laws

Description: This report includes a glossary of approximately 1,700 agriculture and related terms (e.g., food programs, conservation, forestry, environmental protection, etc.). Besides defining terms and phrases with specialized meanings for agriculture, the glossary also identifies acronyms, agencies, programs, and laws related to agriculture.
Date: October 1, 1997
Creator: Womach, Jasper
Partner: UNT Libraries Government Documents Department
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Tobacco Price Support: An Overview of the Program

Description: Over 93% of U.S. tobacco production is flue-cured and burley (both being cigarette tobacco types). These crops are particularly important to the agriculture of North Carolina (where flue-cured is grown) and Kentucky (where burley is grown). Together, these two states produce 65% of the total U.S. tobacco crop. The federal tobacco price support program is designed to support and stabilize prices for farmers. It operates through a combination of mandatory marketing quotas and nonrecourse loans. Marketing quotas limit the amount of tobacco each farmer can sell, which indirectly raises market prices. The loan program establishes guaranteed minimum prices. The law requires that the loan program operate at no net cost to the federal government. Apart from year-to-year budget impacts, no-net-cost provisions of the law are intended to assure that all loan principal plus interest will be recovered
Date: July 6, 1998
Creator: Womach, Jasper
Partner: UNT Libraries Government Documents Department
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Compensating Farmers for the Tobacco Settlement

Description: The legislative proposals designed to reduce smoking, primarily by teenagers, are likely to have negative economic consequences for tobacco growers and tobacco-dependent communities. This report discusses the possibility of some kind of compensation to farmers as part of the settlement package legislation.
Date: July 6, 1998
Creator: Womach, Jasper
Partner: UNT Libraries Government Documents Department
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Tobacco-Related Programs and Activities of the U.S. Department of Agriculture: Operation and Cost

Description: The U.S. Department of Agriculture (USDA) has long operated programs that directly assist farmers and others with the production and marketing of numerous crops, including tobacco. In most cases, the programs themselves are not controversial. Increasingly, however, where tobacco is involved, the use of federal funds is being called into question.
Date: July 6, 1998
Creator: Womach, Jasper
Partner: UNT Libraries Government Documents Department
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Comparing Quota Buyout Payments for Peanuts and Tobacco

Description: The purpose of this analysis is to provide a generally consistent comparison of the benefits provided to peanut quota holders and producers and proposed benefits concerning tobacco. It is not the intention of this analysis to attempt to determine the appropriate size of these buyout payments.
Date: October 14, 2003
Creator: Womach, Jasper
Partner: UNT Libraries Government Documents Department
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Average Farm Subsidy Payments, by State, 2002

Description: The U.S. Department of Agriculture makes direct subsidy payments through the Commodity Credit Corporation to farmers for commodity price and income support, certain conservation and environmental activities, and some disaster losses. In 2002, these direct farm subsidy payments amounted to $12.151 billion. This report examines the distribution of these payments among states, calculates the average size of payments going to recipient farms in each state, and distinguishes between payments received by farm operators and landlords. This information is intended to aid in policy debates about subsidizing some farms but not others, changing per-person payment limits, and the altering eligibility rules for landlords to receive payments.
Date: September 16, 2004
Creator: Womach, Jasper
Partner: UNT Libraries Government Documents Department
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Cotton Production and Support in the United States

Description: This report explains the various cotton subsidy programs and provides quantitative data on market revenues, production costs, and the size of the subsidies. Also, it characterizes the relative position of the United States vis-a-vis other countries as a producer, exporter and importer of cotton. The purpose of this examination is to provide U.S. policy makers with a complete overview of U.S. cotton production and the federal programs that support that production.
Date: June 24, 2004
Creator: Womach, Jasper
Partner: UNT Libraries Government Documents Department
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Previewing a 2007 Farm Bill

Description: Federal farm support, food assistance, agricultural trade, marketing, and rural development policies are governed by a variety of separate laws. However, many of these laws periodically are evaluated, revised, and renewed through an omnibus, multi-year farm bill. The Farm Security and Rural Investment Act of 2002 (P.L. 107- 171) was the most recent omnibus farm bill, and many of its provisions expire in 2007, so reauthorization is expected to be enacted in the 110th Congress.
Date: August 18, 2005
Creator: Womach, Jasper
Partner: UNT Libraries Government Documents Department
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Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition

Description: This report includes a glossary of approximately 2,500 agriculture and related terms (e.g., food programs, conservation, forestry, environmental protection, etc.). Besides defining terms and phrases with specialized meanings for agriculture, the glossary also identifies acronyms, agencies, programs, and laws related to agriculture.
Date: June 16, 2005
Creator: Womach, Jasper
Partner: UNT Libraries Government Documents Department
open access

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 will exceed $6.5 billion in 2000. Such levels of use and high costs have revealed several administrative problems and given rise to several policy issues. Some policy makers have favored broadening the scope and enhancing the benefits of the program to achieve greater farm income support. Anticipated adverse market impacts have discouraged adoption of these proposals to date. A persistent policy issue is the payment limitation on marketing loan gains.
Date: September 15, 2000
Creator: Womach, Jasper
Partner: UNT Libraries Government Documents Department
open access

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 will exceed $6.5 billion in 2000. Such levels of use and high costs have revealed several administrative problems and given rise to several policy issues. Some policy makers have favored broadening the scope and enhancing the benefits of the program to achieve greater farm income support. Anticipated adverse market impacts have discouraged adoption of these proposals to date. A persistent policy issue is the payment limitation on marketing loan gains.
Date: December 13, 2000
Creator: Womach, Jasper
Partner: UNT Libraries Government Documents Department
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