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This farm bill was a part of the New Deal signed by President Franklin Roosevelt on May 12, 1933. Which was the first substantial effort to address the economic welfare in the U.S. The goal of this act was to boost agricultural prices by reducing surpluses. They paid farmers subsidies to plant fewer crops. This also created a new agency called the Agricultural Adjustment Agency to oversee the distribution of subsidies to farmers. This came about because of Dust Bowl & Great Depression. -
This Act replaced the AAA of 1933. The Federal Government took over the financing of the law's programs. It was the first to make price support mandatory for the three commodities corn, cotton, and wheat. Which helped keep the supply in line with market demand. Also, this act is a permanent law for commodity programs and support for farms, like being able for struggling farmers to remortgage their farms for a better term. -
This bill was signed into law by President Richard Nixon on 8/10/73.
This bill included target prices and deficiency payments to support farm income, and the continuation of crop insurance. It continued the price-supporting loan systems. Developed policies to be competitive in world markets, export crops, and earn the foreign exchange to purchase imports and strengthen the dollar. -
This Act was signed into law by President Ronald Reagan. This act continued and was modified clear through 1984. Between these years it provided price & income protection for farmers, food assistance for low-income households, mandated loan rates & acreage reserve provisions, provided employment and training of professionals in nutrition education for low-income families Then amendments were adopted to freeze target prices for feed grains, upland cotton, and rice. -
This Act was signed into law by President Bill Clinton. It revised and simplified direct payment programs for crops, reduced subsidies, and government influence over a lot of farm products. Also included in this bill was the amount of money to be made available through contract payments for 7 years. -
This bill was vetoed by George W. Bush but was overridden by the House and Senate and signed into law on 6/18/08. This bill was a continuation of the 2002 Farm Bill, plus the pursuance of energy conservation like the production of ethanol. Also, nutrition, which included increases in food stamp benefits. And rural development. -
This bill was signed into law by President Barack Obama on 2/07/2014. This bill added crop insurance options, modified some provisions of the Supplemental Nutrition Assistance Program for example how low income Home Energy Assistance Program payments are treated in the calculation of SNAP Benefits, and expanded programs for specialty crops such as hemp. -
This bill was signed into law by President Donald Trump on 12/20/2018. This bill largely continues the current farm and nutrition policy and increased funding for SNAP. It also made permanent promotional funds for farmers' markets, organic farming research, and educational funding for future farmers. It also established a new federal hemp regulatory system to facilitate the commercial cultivation and marketing of hemp.