PDF _ RS20269 - Emergency Funding for Agriculture: A Brief History of Congressional Action, FY1989 -FY2001
11-Dec-2000; Ralph Chite; 6 p.

Abstract: From FY1989 through FY2001 (to date), nineteen appropriations or farm disaster acts have provided $38 billion in emergency funding for U.S. Department of Agriculture (USDA) programs. Nearly $27 billion, or about 70 percent of the total amount, has been provided for FY1999-FY2001 alone. Since FY1989, the vast majority of the funds has been paid directly to farmers, primarily in the form of ?market loss payments? (just under $17 billion, all since FY1999) to compensate for low farm commodity prices, and disaster payments ($15.6 billion) paid to any producer who experienced a major crop loss caused by a natural disaster. The remaining $5.4 billion has funded a wide array of other USDA programs, including other forms of farm disaster assistance, farm loans, overseas food aid, food and nutrition programs, and rural development assistance. This report will be updated to reflect future enacted spending measures. [read report]

Topics: Agriculture, Federal Agencies, Economics & Trade

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