Agricultural Information Bulletin No. (AIB-726) 5 pp
The 1996 Farm Act Increases Market Orientation
The Federal Agriculture Improvement and Reform Act of 1996, a milestone in U.S. agricultural policy, provides new farm sector law for 1996-2002, fundamentally redesigning income support programs and discontinuing supply management programs for producers of many commodities. This bulletin provides a general overview of major changes related to production agriculture resulting from the commodity provisions, agricultural trade provisions, and conservation provisions of the Act.
Keywords: Farm legislation, the 1996 Act, FACT Act, agricultural programs, farm income, production flexibility contracts, dairy, sugar, peanuts
In this publication...