Apple Market Loss Assistance Program: Difference between revisions
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|OrgSponsor=U.S. Department of Agriculture | |OrgSponsor=U.S. Department of Agriculture | ||
|CreationLegislation=Public Law 106-387 | |CreationLegislation=Public Law 106-387 | ||
| | |Purpose=The Apple Market Loss Assistance Program was established to provide financial relief to U.S. apple producers who suffered market losses in the 2000 crop year due to low prices and market conditions. It aimed to stabilize the apple industry by offering direct payments to offset per-bushel losses. | ||
|Website= | |Website= | ||
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Latest revision as of 22:52, 29 January 2025
| Type | Initiative |
|---|---|
| Sponsor Organization | U.S. Department of Agriculture |
| Top Organization | N/A |
| Creation Legislation | Public Law 106-387 |
| Website | N/A |
| Purpose | The Apple Market Loss Assistance Program was established to provide financial relief to U.S. apple producers who suffered market losses in the 2000 crop year due to low prices and market conditions. It aimed to stabilize the apple industry by offering direct payments to offset per-bushel losses. |
| Program Start | |
| Initial Funding | |
| Duration | |
| Historic | No |
The Apple Market Loss Assistance Program is a program of the Farm Service Agency that has made payments to apple producers to partially offset revenue losses from low prices caused by the loss of markets.
Funding
- The 2002 farm bill (P.L. 107-171, Sec. 10105) mandated the payment of $94 million by the Commodity Credit Corporation (CCC) for lost markets in crop year 2000.
- Earlier funding was mandated for the 2000 crop of apples by P.L. 107-76, Sec. 741 ($75 million), and for the 1998 and 1999 apple crops by P.L. 106-387, Sec. 811 ($100 million).
This article incorporates