Agricultural programs (41 - 50 of 126 items)
Farmers Home Administration: Farm Loan Programs and Proposed Changes
T-RCED-92-59: Published: Apr 29, 1992. Publicly Released: Apr 29, 1992.
GAO discussed: (1) the Farmers Home Administration's (FmHA) farm loan programs; and (2) its views on the proposed Agricultural Credit Improvement Act of 1992. GAO noted that: (1) as much as 70 percent of the FmHA direct loan portfolio is at risk because it is held by delinquent borrowers or by borrowers whose debts have been rescheduled in response to past repayment difficulties; (2) some FmHA dir...
Crop Insurance: Inaccurate FCIC Price Forecasts Increase Program Costs
PEMD-92-4: Published: Dec 13, 1991. Publicly Released: Jan 21, 1992.
Pursuant to a congressional request, GAO examined the accuracy of the Federal Crop Insurance Corporation's (FCIC) independent price surveys, focusing on how: (1) inaccuracies in the forecast affect FCIC program costs; and (2) FCIC can improve its forecast accuracy.GAO found that: (1) bias errors showed that FCIC forecasts for corn and wheat overestimated actual prices by an average of 10 percent a...
Federal Dairy Programs: Dairy Inventory Management Alternatives
T-RCED-91-70: Published: Jun 18, 1991. Publicly Released: Jun 18, 1991.
GAO discussed alternatives studied by the Department of Agriculture (USDA) to address dairy inventory management problems. GAO noted that: (1) the level of deficiency payments in the target price/deficiency payment program to raise farmer incomes while allowing farm prices to be competitive would depend on the established target price, market demand for dairy products, and the level of producer pa...
Federal Dairy Programs: Long-Term Market Solutions Needed to Solve the Surplus Problem
T-RCED-91-61: Published: May 22, 1991. Publicly Released: May 22, 1991.
GAO discussed the Department of Agriculture's (USDA) efforts to control dairy product surpluses. GAO noted that: (1) annual purchases under the USDA price support program dramatically increased from $251 million in 1979 to $2.6 billion in 1983, contributing to unprecedented milk production levels; (2) USDA did not effectively implement its dairy cattle termination program, had insufficient cost da...
Guaranteed Farm Loans by the Farmers Home Administration
T-RCED-91-55: Published: May 14, 1991. Publicly Released: May 14, 1991.
GAO discussed the Farmers Home Administration's (FmHA) guaranteed farm loan policies and practices, focusing on the implications of its shift from direct government loans to government guaranteed loans from private lenders. GAO noted that: (1) previous and ongoing studies have consistently identified the FmHA loan programs as a high-risk area within the federal government, particularly from the st...
Farmers Home Administration: Changes Needed in Loan Servicing Under the Agricultural Credit Act
RCED-90-169: Published: Aug 2, 1990. Publicly Released: Aug 2, 1990.
Pursuant to a congressional request, GAO reviewed the Farmers Home Administration's (FmHA) implementation of the debt servicing requirements under the Agricultural Credit Act of 1987.GAO found that: (1) in January 1988, FmHA estimated that delinquent borrowers were past due on about $9.6 billion in principal and interest payments; (2) FmHA borrowers who acted in bad faith were not eligible for the...
Farmers Home Administration: Farm Program Debt, Delinquencies, and Loan Losses as of June 30, 1989
RCED-90-158BR: Published: Jun 26, 1990. Publicly Released: Jul 27, 1990.
Pursuant to a congressional request, GAO provided information on the Farmers Home Administration's (FmHA) farm loan program debt, delinquencies, and loan losses.GAO found that: (1) the FmHA major farm program direct loan portfolio included over $28 billion in outstanding principal and unpaid interest and consisted of 624,173 loans held by 350,867 borrowers; (2) past-due payments on FmHA major farm...
Opportunities for Budget Savings in Domestic Agricultural Programs
T-RCED-90-93: Published: Jun 28, 1990. Publicly Released: Jun 28, 1990.
GAO discussed agricultural price and income support programs. GAO found that: (1) programs to support the dairy, wool and mohair, and honey sectors are not doing what they were originally designed to do; (2) modification or elimination of those programs could decrease federal spending by $1 billion annually; and (3) revising or eliminating the programs would foster a more market-driven agricultura...
Farming and Farm Programs: Impact on the Rural Economy and on Farmers
RCED-90-108BR: Published: Apr 24, 1990. Publicly Released: Apr 24, 1990.
Pursuant to a congressional request, GAO reviewed the: (1) importance of farm sector employment to the rural economy; and (2) distribution of farm program payments.GAO found that: (1) nonfarm industries employed 9 out of 10 rural farm workers; (2) over half of U.S. farm families had one or more family members working at nonfarm jobs; and (3) one-half of the average total farm income was earned fro...
1990 Farm Bill: Opportunities for Change
RCED-90-142: Published: Apr 10, 1990. Publicly Released: Apr 10, 1990.
GAO addressed issues that Congress should consider during the debate over the 1990 farm bill.GAO addressed: (1) commodity price and income supports; (2) farm finance; (3) crop disaster assistance; (4) conservation and environmental programs; (5) international programs; (6) food stamps; and (7) U.S. Department of Agriculture (USDA) management. GAO noted that the 1990 farm bill should include major...