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The Agriculture Adjustment Act of 1933 was a federal law of the New Deal era singed by Franklin D. Roosevelt on May 12, 1933, in response to the decreasing prices caused by the first World War and effects of the Great Depression and Dust Bowl. The AAA was designed to boost the prices of agriculture by reducing surpluses.
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The AAA offered farmers subsidies in exchange for them to limit their production of crops listed in the bill. Many objected stating that there was no reason to cut production when many Americans lacked adequate supplies of food.
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The Agriculture Adjustment Act 1938 was set to replace the AAA of 1933 that sought to reduce production. The AAA of 1938 was amended on February 16, 1938, with more restrictions than in 1933.
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The AAA of 1938 continued to address the issues of the soil erosion crisis by continuing the 1935 Soil Conservation Act and the 1936 Soil Conservation and Domestic Allotment Act. These acts created the Soil Conservation Service to conduct soil surveys and develop preventative measures.
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The Agriculture and Consumer Protection Act of 1973 was a four-year program designed to support farm income and reduce forfeitures. The adoption of target prices and deficiency payments as tools were used to support this program.
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The 1973 farm bill was considered the first "omnibus" farm bill. This bill expanded the farm bill from just farm support to other policy areas affecting the agricultural sector.
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The 1973 farm bill was considered the first "omnibus" farm bill. This bill expanded the farm bill from just farm support to other policy areas affecting the agricultural sector.
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Signed into law by President Donald Trump, the latest farm bill, the Agriculture Improvement Act of 2018, provides support, certainty, and stability to the nation's farmers, ranchers, and forest managers.
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The Agriculture Improvement Act of 2018 enhances farm support programs, improves crop insurance, maintains disaster programs, and promotes and supports voluntary conservation.