Honey program
Encyclopedia
Honey program — In the United States, non-recourse marketing loans had long been available to support honey prices until FY1994, when the funding was suspended by provisions in annual appropriations legislation. The 1990 farm bill (P.L. 101-624) had set honey loan rates at $0.538 per pound and permitted deficiency payments. The 1996 farm bill (P.L. 104-127) repealed the statutory authority for the honey program. A Honey Recourse Loan Program
Honey Recourse Loan Program
The Honey Recourse Loan Program was a program authorized by the emergency provisions of the FY1999 USDA appropriations act that made recourse loans based on a national average rate of $0.56 per pound on 1998-crop honey. Final date to obtain a loan was May 7, 1999. The producer-owned honey was...

 was made available for the 1998 crop only through broader emergency spending authority in the FY1999 agriculture appropriations act (P.L. 105-277). The 2002 farm bill (P.L. 107-171, Sec. 1201) made honey eligible for marketing assistance loans
Marketing assistance loans
Marketing assistance loans are nonrecourse loans made available to producers of loan commodities under the 2002 farm bill...

 (and loan deficiency payments
Loan deficiency payments
In United States agriculture policy, Loan deficiency payments are a farm income support program first authorized by the Food Security Act of 1985 that makes direct payments, equivalent to marketing loan gains, to producers who agree not to obtain nonrecourse loans, even though they are eligible....

, LDPs) from 2002 through 2007.
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