Agricultural Economic Report No. (AER-389) 38 pp

October 1997

Commodity Program Provisions Under the Food and Agriculture Act of 1977

Commodity program provisions of the Food and Agriculture Act of 1977 are summarized. Price support, loan level, disaster payment, program acreage, and other provisions of the legislation are discussed for wheat and feed grains, cotton, rice, peanuts, soybeans, sugar, dairy products, and wool and mohair. Miscellaneous provisions and those applying to grain reserves and to the beekeeper indemnity program are also summarized.

Keywords: 1997 Farm Act, price supports, loan levels, program acreage, disaster payments, set-aside, wheat, feed grains, cotton, rice, peanuts, soybeans, sugar, dairy products, wool and mohair, grain reserves, beekeeper indemnity program

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Last updated: Wednesday, October 01, 1997

For more information, contact: James Johnson and Milton H. Ericksen