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The 1996 Federal Agriculture Improvement and Reform Act (FAIR) contained important breaks with a tradition of crop-by-crop subsidies dating back to the Agricultural Adjustment Act of 1933. Farmers with recorded base acres were given the opportunity (which nearly all accepted) to sign a...
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Changing the Rules for Agricultural Trade
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The paper is divided into three sections: a discussion of the major provisions of the FAIR act of 1996 [Federal Agriculture Improvement and Reform Act of 1996]; a review of the political forces leading up to it; and a discussion of reforms that could extend the incipient agenda that it represents.
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Comprehensive federal agricultural legislation occurs in the United States (US) on a five-year schedule. While year-to-year changes in agricultural policy do occur, the period 1991-93 has been less eventful than many previous ones. What changes have occurred to affect the course of the...
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