ABSTRACT

Farm Safety-Net Payments Under the 2014 Farm Bill: Comparison by Program Crop [August 11, 2017]   [open pdf - 2MB]

"The U.S. Department of Agriculture (USDA) operates several programs that supplement the incomes of farmers and ranchers in times of low farm prices and helps them to manage risks associated with natural disasters and with variability in crop and pasture yields and commodity prices. These programs--referred to as the 'farm safety net'--include three components: federal crop insurance, farm revenue support programs, and agricultural disaster assistance. Over the years substantial federal resources have been spent in support of the farm safety net. Much of this spending has gone to a small group of field crops. Within this group of field crops, there has been significant variation in both absolute and relative levels of historical farm support. The 2014 farm bill (Agricultural Act of 2014, P.L. 113-79) changed the structure of several safety-net programs; however, important differences in commodity-specific funding persist."

Report Number:
CRS Report for Congress, R44914
Author:
Publisher:
Date:
2017-08-11
Copyright:
Public Domain
Retrieved From:
Federation of American Scientists: http://www.fas.org/sgp/crs/index.html
Format:
pdf
Media Type:
application/pdf
URL:
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