Document Type
Other
Publication Date
7-1-2002
Keywords
2002 farm bill, direct fixed payments (dp), farm marketing
Extension Number
ExEx 5040
Department
Economics
Description
The Farm Security and Rural Investment Act of 2002 provides the potential of a three-tier payment system through the commodity support provisions of the farm bill. The commodity support provisions in the new farm bill include •the possibility of market loan gains (MLG) from Marketing Assistance Loans and/or Loan Deficiency Payments (LDP), • Direct "fixed" Payments (DP), and • Counter-Cyclical Payments (CCP).
Recommended Citation
May, Alan, "The 2002 Farm Bill Commodity Support Payments: How Do They Work?" (2002). SDSU Extension Extra Archives. 165.
https://openprairie.sdstate.edu/extension_extra/165
COinS