-
1948 Agricultural Act
President Truman ran against the republicans as a ‘do-nothing’ Congress, which had managed to stick a “pitchfork in the farmers’ back” (Hansen 1991). The 1948 Farm Bill had been the first debate after the war and it turned out to be the opening round of a long disagreement over parity policy. Many in the farm community, especially in the South and Great Plains, wanted to continue the high, fixed loan rates (90% of parity) established during the war. -
1948 Agricultural Act
Democrats recaptured Congress in 1948 and quickly reversed this policy in 1949, returning to 90% of parity and delaying reversion to flexible loan rates. The 1949 Act was soon followed by the Korean War. -
1954 Agricultural Act
The Korean War ended in 1953. Post-war technological advances were rapidly boosting crop yields and farm productivity which, coupled with a falloff in wartime demand and the high, fixed loan rate policy, had started producing massive surpluses of the supported commodities. -
1954 Agricultural Act
Congress and the President were trying to bring the growing surplus under control. Their first attempt was legislation that authorized the use of surplus commodities for foreign food aid and to help allies. The program they created remains in place today and is reauthorized in the farm bill. -
1965 Food and Agricultural Act
the first multiyear farm legislation, provided for four year commodity programs for wheat, feed grains, and upland cotton.[1] It was extended for one more year through 1970 (P.L. 90 559) -
1965 Food and Agricultural Act
long term diversion of cropland under a Cropland Adjustment Program. It also continued payment and diversion programs for feed grains and cotton, and marketing certificate and diversion programs for wheat.
