Federal Credit Programs for Agriculture: Background for 1985 Farm Legislation

Ronald Meekhof

No 257276, Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service

Abstract: Federal credit assistance programs were developed in the early 1900's to over­come deficiencies in agricultural capital markets and respond to the problems of poverty, tenancy, and disenfranchisement. Federal credit policies, imple­mented primarily by the Farmers Home Administration and the Farm Credit System, have had a significant impact on the transformation which has taken place in agriculture and on farmers' access to capital. Agriculture continues to be a major recipient of Federal credit assistance. The agencies and institutions providing such assistance now hold about 40 percent of all farm debt.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 40
Date: 1984-11-01
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersab:257276

DOI: 10.22004/ag.econ.257276

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