Economic development (31 - 40 of 42 items)
Review of Financial Statements of Commodity Credit Corporation
114893: Mar 12, 1981
The financial statements of the Commodity Credit Corporation were reviewed. The Corporation determines its cash requirements on a daily basis and, on the basis of these determinations, either borrows from or repays the Department of the Treasury. The Agricultural Stabilization and Conservation Service (ASCS), a part of the Corporation, was specifically reviewed.Several weaknesses that prevent prom...
Structure of American Agriculture
114519: Mar 2, 1981
Significant changes have occurred in American agriculture during the last 3 decades. The basic trend has been one of an increasing concentration of farms as well as supporting facilities. There has also been a drastic reduction in the number of farms, people living on farms, and a decline in rural vitality. It is estimated that less than one-half of all farmland is owned by the farm operator and t...
Agriculture's Set-Aside Programs Should Be Improved
CED-80-9: Published: Jan 11, 1980. Publicly Released: Jan 11, 1980.
The Department of Agriculture's wheat and feed grain set-aside programs are intended to reduce expected surpluses of particular crops. In return for taking acreage out of production, producers are eligible for commodity loans and purchases as well as deficiency, disaster, and diversion payments. A review of producer compliance with the programs' requirements identified certain areas in which the e...
Commodity Credit Corporation's (CCC) Commodity Loan and Grain Reserve Programs
108538: Jan 29, 1979
A review was made of the management of the Commodity Credit Corporation's (CCC) commodity loan and grain reserve programs which are administered by the Agricultural Stabilization and Conservation Service (ASCS). A previous review indicated the need for improvements in (1) the methods followed by county commodity inspectors in taking grain measurements which, along with the test weight, are used as...
The Department of Agriculture Should Be Authorized To Charge for Cotton Classing and Tobacco Grading Services
CED-77-105: Published: Aug 2, 1977. Publicly Released: Aug 2, 1977.
The provision of free cotton classing and tobacco grading to producers is inconsistent with the government's policy of charging fees for special services and the practice of charging for grading other commodities.Most agricultural commodities, other than cotton and tobacco, are graded by the Department of Agriculture (USDA) on a reimbursable basis. In fiscal year 1976, USDA spent $66.2 million gra...
Federal Deficiency Payments Should Not Be Made for Crops Not Grown
CED-77-77: Published: May 24, 1977. Publicly Released: May 24, 1977.
The Commodity Credit Corporation is making an estimated $135 million in deficiency payments to rice farmers for the 1976 rice crop. These payments are based on the extent that the national average market price received by rice farmers was below a target price established by law.About $5 million of the deficiency payments will be paid to farmers who had rice acreage allotments, but did not plant ri...
Summary of GAO Reports Issued Since 1973 Pertaining to Farm Bill Legislation
CED-77-39: Published: Mar 3, 1977. Publicly Released: Mar 3, 1977.
There were 22 GAO reports issued on farm and commodity topics since 1973, including export and import regulation of grains, sugar and dairy products; the Commodity Credit Corporation; commodity shortages, distribution, and forecasting; protection from pesticide hazards; agricultural research; bee keeping indemnity payment program; and meat marketing, inspection and bacteria control. The disaster a...
What the Department of Agriculture Has Done and Needs To Do To Improve Agricultural Commodity Forecasting and Reports
RED-76-6: Published: Aug 27, 1975. Publicly Released: Aug 27, 1975.
No summary is currently available...
Follow-Up Letter Recommending That Commodity Credit Corporation Adopt Self-Insurance
RED-76-12: Published: Aug 6, 1975. Publicly Released: Aug 6, 1975.
No summary is currently available...