Monday, August 11, 2014

Summarizing the Agricultural Act of 2014

Choices Magazine -- the outreach magazine of the Agricultural and Applied Economics Association (AAEA) -- this spring and early summer published a special series summarizing the Agricultural Act of 2014 (also known as the Farm Bill).

Jody Campiche organized the series and presented the theme overview:
After more than three years of debate on the next farm bill, the Agricultural Act of 2014 was signed into law on February 7, 2014. Overall, total spending under the new bill will be reduced by $23 billion as compared to the baseline over the next 10 years. The Agricultural Act of 2014 reforms the dairy program, includes major changes to commodity programs, adds new supplemental crop insurance programs, consolidates conservation programs, expands programs for specialty crops, reauthorizes important livestock disaster assistance programs, and reduces spending under the Supplemental Nutrition Assistance Program (SNAP). However, despite large cuts in total program spending, the Act continues to provide important programs to ensure a safe and adequate food supply and to protect our natural resources. The articles in this theme discuss new or revised provisions relating to commodities, crop insurance, dairy, conservation, nutrition, and specialty crops as included in the Agricultural Act of 2014.
The series includes articles on commodity payments, conservation programs, dairy programs, crop insurance, specialty crops, and my contribution on nutrition assistance programs.

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