Agricultural Act of 1970
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United States federal agriculture legislation United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two f ...
, the Agricultural Act of 1970 (P.L. 91-524) initiated a significant change in commodity support policy. This 3-year farm bill replaced some of the more restrictive and mandatory features of previous law (acreage allotments, planting restrictions, and
marketing quota A poundage quota, also called a marketing quota, is a quantitative limit on the amount of a commodity that can be marketed under the provisions of a permanent law. Once a common feature of price support programs, this supply control mechanism ended ...
s) with voluntary annual cropland set-asides and marketing certificate payments to achieve parity prices (the precursor to target prices and deficiency payments). For the first time, the law adopted an annual payment limitation per producer (set at $55,000 per crop). Among other things, the Act also amended and extended the authority of the Class I differential in federal milk marketing order areas.


References

* United States federal agriculture legislation 91st United States Congress 1970 in the United States 1970 in law {{US-federal-statute-stub