Farm income stabilization programs (1 - 10 of 190 items)
Federal Farm Programs: USDA Needs to Strengthen Controls to Prevent Payments to Individuals Who Exceed Income Eligibility Limits
GAO-09-67: Published: Oct 24, 2008. Publicly Released: Nov 24, 2008.
Farmers receive about $16 billion annually in federal farm program payments. These payments go to about 2 million recipients, both individuals and entities. GAO previously has reported that the U.S. Department of Agriculture (USDA) did not consistently ensure that these payments went only to those who meet eligibility requirements. GAO was asked to evaluate (1) how effectively USDA implemented 200...
Farm Program Payments: USDA Should Correct Weaknesses in Regulations and Oversight to Better Ensure Recipients Do Not Circumvent Payment Limitations
GAO-04-861T: Published: Jun 16, 2004. Publicly Released: Jun 16, 2004.
Farmers receive about $15 billion annually in federal payments to help produce major crops, such as corn, cotton, rice, and wheat. The Farm Program Payments Integrity Act of 1987 (1987 Act) limits payments to individuals and entities--such as corporations and partnerships--that are "actively engaged in farming." This testimony is based on GAO's report, Farm Program Payments: USDA Needs to Strength...
Financial Condition of American Agriculture
RCED-86-9: Published: Oct 10, 1985. Publicly Released: Jul 2, 2002.
GAO reviewed the financial condition of American agriculture to assess: (1) the trends in the economic environment surrounding the farm sector; (2) farmers' financial condition; and (3) the performance of financial institutions serving agriculture.GAO found that: (1) the financial condition of farmers has deteriorated rapidly since 1980; (2) the most severe financial problems are occurring in the...
Farm Programs: Changes to the Marketing Assistance Loan Program Have Had Little Impact on Payments
GAO-01-964: Published: Sep 28, 2001. Publicly Released: Nov 5, 2001.
Under the Department of Agriculture's (USDA) Marketing Assistance Loan Program, the federal government accepts harvested crops as collateral for interest-bearing loans (marketing assistance loans) that are typically due in nine months. When market prices drop below the loan rate (the loan price per pound or bushel), the government allows farmers to repay the loan at a lower rate and retain ownersh...
Dairy Industry: Estimated Economic Impacts of Dairy Compacts
GAO-01-866: Published: Sep 14, 2001. Publicly Released: Sep 14, 2001.
U.S. dairy farmers produced 167.7 billion pounds of unprocessed, raw milk in 2000. Federal and state dairy programs influence the minimum prices paid to farmers for raw milk. These prices are based on how the raw milk is to be used. Minimum prices set for raw milk to be used for making drinking milk (fluid milk) are higher than those for milk used for manufacturing cheese, butter, and other dair...
U.S. Department of Agriculture: Marketing Assistance Loan Program Should Better Reflect Market Conditions
RCED-00-9: Published: Nov 23, 1999. Publicly Released: Nov 23, 1999.
Pursuant to a congressional request, GAO reviewed the effects of the marketing assistance loan program on cash payments to farm producers, focusing on: (1) which producers received cash payments through the program, by type of crop and state; (2) why some producers did not participate in the program; and (3) what types of concerns have been raised about the program's effect on cash payments and po...
Sugar Program: Changing the Method for Setting Import Quotas Could Reduce Cost to Users
RCED-99-209: Published: Jul 26, 1999. Publicly Released: Jul 30, 1999.
Pursuant to a congressional request, GAO provided information on the Department of Agriculture's (USDA) Sugar Program, focusing on: (1) USDA's procedures for setting the tariff-rate quota for imported raw sugar; and (2) the U.S. Trade Representative's (USTR) procedures for allocating the quota among sugar-producing countries.GAO noted that: (1) USDA uses the tariff-rate quota for raw sugar to rest...
Farm Service Agency: Characteristics of Small County Offices
RCED-99-162: Published: May 28, 1999. Publicly Released: Jun 28, 1999.
Pursuant to a congressional request, GAO provided information on the Farm Service Agency (FSA), focusing on the: (1) number of FSA county offices with three or fewer permanent full-time employees; (2) characteristics of these offices, including their proximity to another county office, their workload, the level of FSA program benefits delivered, the relative contribution of farming to total county...
Crop Insurance: Further Actions Could Strengthen Program's Financial Soundness
T-RCED-99-161: Published: Apr 21, 1999. Publicly Released: Apr 21, 1999.
Pursuant to a congressional request, GAO discussed the Department of Agriculture's (USDA) federal crop insurance program, focusing on whether USDA: (1) has set adequate insurance rates to achieve the legislative requirement of actuarial soundness; (2) appropriately reimburses participating crop insurance companies for their administrative costs; (3) can deliver catastrophic crop insurance at less...
Crop Insurance: USDA's Progress in Expanding Insurance for Specialty Crops
RCED-99-67: Published: Apr 16, 1999. Publicly Released: Apr 16, 1999.
Pursuant to a congressional request, GAO reviewed the availability of the Department of Agriculture's (USDA) federal crop insurance for specialty crops, focusing on: (1) USDA's recent progress in expanding coverage to specialty crops; (2) the new marketing practices insurance companies have introduced for specialty crops and the potential advantages and disadvantages of the practices, including th...