The 1996 Farm Act Increases Market Orientation
C. Edwin Young and Paul C. Westcott
Agriculture Information Bulletin No. (AIB726) 36 pp,
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.
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Updated date: August 1, 1996