Review of Tobacco Price Support Program
Author: United States. Congress. House. Committee on Agriculture. Subcommittee on Tobacco and Peanuts
Publisher:
Published: 1983
Total Pages: 570
ISBN-13:
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Author: United States. Congress. House. Committee on Agriculture. Subcommittee on Tobacco and Peanuts
Publisher:
Published: 1983
Total Pages: 570
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry
Publisher:
Published: 1982
Total Pages: 292
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DOWNLOAD EBOOKAuthor: United States. Congress. House. Committee on Agriculture. Subcommittee on Tobacco and Peanuts
Publisher:
Published: 1982
Total Pages: 52
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Congress. House. Committee on Agriculture. Subcommittee on Tobacco
Publisher:
Published: 1959
Total Pages: 68
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DOWNLOAD EBOOKAuthor: United States. Congress. House. Committee on Agriculture
Publisher:
Published: 1953
Total Pages: 50
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DOWNLOAD EBOOKAuthor: United States. Congress. House. Committee on Agriculture
Publisher:
Published: 1961
Total Pages: 80
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DOWNLOAD EBOOKAuthor: United States. Congress. Senate. Committee on Agriculture and Forestry. Subcommittee on Agricultural Production, Marketing, and Stabilization of Prices
Publisher:
Published: 1974
Total Pages: 92
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Congress. House. Committee on Agriculture. Subcommittee on Tobacco
Publisher:
Published: 1960
Total Pages: 48
ISBN-13:
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Publisher:
Published: 2005
Total Pages: 0
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DOWNLOAD EBOOKAbout 94% of U.S. tobacco production is flue-cured and burley (both being cigarette tobacco types). These crops are particularly important to the agriculture of North Carolina (where flue-cured is grown) and Kentucky (where burley is grown). Together, these two states produce 66% of the total U.S. tobacco crop. The federal tobacco price support program was designed to support and stabilize prices for farmers. It operated through a combination of mandatory marketing quotas and nonrecourse loans. Marketing quotas limit the amount of tobacco each farmer could sell, which indirectly raised market prices. The loan program established guaranteed minimum prices. The law required that the loan program operate at no net cost to the federal government. Apart from year-to-year budget impacts, no-net-cost provisions of the law were intended to assure that all loan principal plus interest would be recovered.1 The 2004 tobacco crop was the last crop eligible for federal support, as the program was terminated by P.L. 108-357, Title VI, the Fair and Equitable Tobacco Reform Act of 2004. This report will be not be updated.
Author: United States. Congress. Senate. Agriculture and Forestry Committee
Publisher:
Published: 1974
Total Pages: 96
ISBN-13:
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