IDEAS home Printed from https://ideas.repec.org/h/pal/psachp/978-3-030-36452-6_16.html
   My bibliography  Save this book chapter

The New Global Environment: 1996–2004

In: Agricultural Policy of the United States

Author

Listed:
  • Stephanie A. Mercier

    (Farm Journal Foundation)

  • Steve A. Halbrook

    (University of Arkansas at Fayetteville)

Abstract

During the period of 1996–2004 discussed in this chapter, agricultural trade policy began to play a more significant role in creating overseas demand for US products. The Federal Agriculture Improvement and Reform (FAIR) Act, enacted in 1996, dismantled much of the existing domestic farm safety net, eliminating acreage reduction requirements, target prices, deficiency payments, and the Farmer Owned Reserve, replaced with fixed direct payments not linked to current production. A portion of farm payments were relinked to production in the 2002 farm bill after the Asian financial crisis of the late 1990s weakened export demand and depressed commodity prices.

Suggested Citation

  • Stephanie A. Mercier & Steve A. Halbrook, 2020. "The New Global Environment: 1996–2004," Palgrave Studies in Agricultural Economics and Food Policy, in: Agricultural Policy of the United States, chapter 0, pages 253-279, Palgrave Macmillan.
    • Handle: RePEc:pal:psachp:978-3-030-36452-6_16
    DOI: 10.1007/978-3-030-36452-6_16
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:psachp:978-3-030-36452-6_16. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.