Market loss payments is a designation first used in the
Omnibus Consolidated and Emergency Appropriations Act, FY1999 (P.L. 105-277) to describe the $3.1 billion in emergency income support payments authorized for eligible grain, cotton, and dairy farmers. The Act stated that such funds were to compensate farmers for the loss of 1998 income caused by “regional economic dislocation, unilateral trade sanctions, and the failure of the government to pursue trade opportunities aggressively.” Similar economic emergency support payments for selected commodities were subsequently enacted in P.L. 106-78 ($6.5 billion), in P.L. 106-224 ($6.5 billion), in P.L. 106-387 ($0.9 billion), and in P.L. 107-25 ($5.5 billion). Market loss assistance to grain and cotton producers were distributed in parallel manner to the contract payments authorized by the
Agricultural Market Transition Act.
See also
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Apple Market Loss Assistance Program The Apple Market Loss Assistance Program is a program of the Farm Service Agency that has made payments to
apple producers to partially offset revenue losses from low prices caused by the loss of markets. The 2002 farm bill (P.L. 107-171, Sec. 10 ...
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Dairy Market Loss Assistance
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Onion market loss assistance
References
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{{DEFAULTSORT:Market Loss Payments
United States Department of Agriculture