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TDA was established by the 13th Texas Legislature in 1907. TDA is headed by the Texas Agriculture Commissioner, one of four heads of state agencies which is elected by statewide ballot (and the only one where the provision for statewide election is mandated by legislative action, not enshrined in the Texas Constitution) for a four-year term, concurrent with the gubernatorial election (prior to ...
The crop-specific deficiency payment rate was based on the difference between the legislatively set target price and the lower national average market price during a specified time. The total payment was equal to the payment rate multiplied by a farm's eligible payment acreage and the program payment yield established for the particular farm.
In United States federal agriculture legislation, the Agricultural Act of 1970 (P.L. 91-524) initiated a significant change in commodity support policy. [1]This 3-year farm bill replaced some of the more restrictive and mandatory features of previous law (acreage allotments, planting restrictions, and marketing quotas) with voluntary annual cropland set-asides and marketing certificate ...
The Federal Agriculture Improvement and Reform Act of 1996 (P.L. 104-127), known informally as the Freedom to Farm Act, the FAIR Act, or the 1996 U.S. Farm Bill, was the omnibus 1996 farm bill that, among other provisions, revises and simplifies direct payment programs for crops and eliminates milk price supports through direct government purchases.
The Agriculture and Consumer Protection Act of 1973 (P.L. 93-86, also known as the 1973 U.S. Farm Bill) was the 4-year farm bill that adopted target prices and deficiency payments as a tool that would support farm income but reduce forfeitures to the Commodity Credit Corporation (CCC) of surplus stocks.
Texas Farm Bureau produces two member publications: Texas Agriculture for agricultural producers and Texas Neighbors for non-producing members. [9] News services also include a television program, “Voices of Agriculture,” on RFD-TV, and the “Texas Farm Bureau Radio Network,” which has more than 60 affiliate radio stations across Texas. [10]
The agreement was signed two days after President-elect Donald Trump was elected and after Congress passed a bill to withhold federal aid to Mexico unless Texas received water it was owed through ...
Agricultural finance is a branch of finance which comprises financial services for agricultural production, processing and marketing, leasing (both land and equipment), and crop and livestock insurance. Although agricultural finance mostly overlaps with rural finance, some larger agricultural companies are also located in bigger towns and cities.