2014•University of North Texas Digital Library (University of North Texas)Open access

Farm Commodity Provisions in the 2014 Farm Bill (P.L. 113-79)

Dennis A. Shields

Abstract

This report describes the farm commodity programs in Title I of the 2014 farm bill for "covered commodities" such as wheat, corn, soybeans, rice, and peanuts. Producer support is provided for the 2014-2018 crop years primarily through either statutory ("reference") prices or historical revenue guarantees based on the five most recent years of crop prices and yields.

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Key concepts: Commodity, Revenue, Agricultural economics, Agricultural science, Crop, Economics, Business, Statutory law