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Published June 09, 2014, 10:14 AM

How farm policy used to work

Between the 1930s and 1992, farm bills generally instituted compensation policies that took the form of price supports. These policies were designed to manage the surplus production that resulted from centuries of developmental policies while allowing U.S. farmers the chance, with hard work and good management skills, to provide their family with a livelihood.

By: By Darryl E. Ray and Harwood Schaffer,

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