TITLE

Budget cuts target payment limits

AUTHOR(S)
Laws, Forrest
PUB. DATE
March 2005
SOURCE
Southeast Farm Press;3/2/2005, Vol. 32 Issue 7, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. administration has announced its budget proposal to cut agricultural spending by $587 million in fiscal 2006, in part, by capping farm program payments at $250,000 per farmer per year. Under U.S. President George W. Bush's proposal for agriculture, Congress will be asked to lower the payment limit cap for individuals to $250,000 for commodity payments, including all types of marketing loan gains, eliminating the three-entity rule, and basing marketing loans on historical production. The budget also proposes reducing direct payments to row crop farmers and dairy payments by 5 percent; requiring the dairy price-support program to minimize expenditures; and extending the Milk Income Loss Contract program for two years. It would also impose a sugar marketing assessment to be paid by sugar processors on all processed sugar.
ACCESSION #
16285051

 

Related Articles

  • The beet generation. Mahon, Joe // Fedgazette;May2005, Vol. 17 Issue 3, p14 

    Discusses the effects of trade pacts on sugar production in the upper Midwest region of the U.S. Views of sugar beet producers in the region, on the Central American Free Trade Agreement; Implication of the agreement on sugar prices; Significance of the U.S. Sugar Program, a crop support...

  • In Need Of A Sugar Rush.  // Emerging Markets Monitor;5/1/2006, Vol. 12 Issue 4, p16 

    Reports on the economic condition of Guatemala as of May 2006. Decision of the central bank to hold the benchmark policy rate at 4.25%; Forecast on the prices of sugar in 2006; Estimated amount of the current account deficit of the country.

  • The World in Perspective. Brock, Richard // Corn & Soybean Digest Exclusive Insight;11/10/2012, p11 

    The article discusses the resilience of U.S. farmers from the global financial crisis. It takes a look at some of the long-term trends and explores much longer this resilience continues. The failure of other commodities such as gold, sugar, and coffee to participate in the surge in grains...

  • Prices received and paid by farmers.  // Economic Indicators;Jan1997, p25 

    Presents statistical information on prices received and paid by farmers in the United States from 1987 to 1996.

  • Prices.  // Economic Indicators;Aug97, p22 

    Presents statistics on prices of manufactures in United States, from 1987 to July 1997. Producer prices; Consumer prices in urban areas; Changes in producer prices for finished goods; Prices received and paid by farmers.

  • Control what you can in this global market of change. O'Leary, Fran // Wisconsin Agriculturist;Mar2011, Vol. 242 Issue 3, p14 

    In this article, the author discusses the various unforeseen events in the U.S. and all over the world which affect the prices received by U.S. farmers for their milk, meat and grains in 2011.

  • Prices received and paid by farmers.  // Economic Indicators;Feb97, p25 

    Presents information on an index of prices which are applicable to farmers in the United States for the period 1987 through 1997.

  • Bulgaria Sept current account swings to deficit on year.  // Regional Today;11/18/2014, p3 

    The article reports that the current account balance of Bulgaria turned to a deficit of 48.1 million euros in September 2014 while in September 2013 the balance was a surplus of 27.8 million euros.

  • Are direct payments here to stay in 2013? Wyant, Sara // High Plains Journal;2/11/2013, Vol. 131 Issue 6, p7-B 

    In this article, the author reflects on the trend of direct payments to farmers in the U.S. and aspects of farm bill extension and also argues regarding its stability in the year 2013.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics