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Apple Market Loss Assistance Program: Difference between revisions
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|ProgramName=Apple Market Loss Assistance Program | |ProgramName=Apple Market Loss Assistance Program | ||
|ProgramType=Initiative | |ProgramType=Initiative | ||
|OrgSponsor= | |OrgSponsor=Farm Service Agency | ||
|CreationLegislation=Public Law | |TopOrganization=Department of Agriculture | ||
| | |CreationLegislation=Public Law 107-171, Section 10105 (2002 Farm Bill) | ||
| | |Purpose=The Apple Market Loss Assistance Program was designed to provide financial aid to apple producers who suffered revenue losses due to low market prices caused by market loss. The program aimed to offset a portion of the per-bushel losses incurred by apple growers in the United States. | ||
|ProgramStart=2002 | |||
|InitialFunding=$94 million mandated by the Commodity Credit Corporation (CCC) | |||
|Duration=Specific initiatives ended in 2002 and 2003 | |||
|Historic=Yes | |||
}} | }} | ||
The '''Apple Market Loss Assistance Program''' | The '''Apple Market Loss Assistance Program''' was an initiative by the U.S. Department of Agriculture (USDA) to help apple producers facing economic hardship due to low apple prices. This program was specifically tailored to address the financial losses experienced by growers in the wake of market downturns, providing direct payments to offset per-bushel losses. | ||
{{Official URL (simple)|url=}} | |||
==Goals== | |||
* To compensate apple producers for market-related losses. | |||
* To stabilize the apple industry by providing financial relief to affected growers. | |||
==Organization== | |||
The program was administered by the Farm Service Agency (FSA), part of the USDA. The FSA's role was to manage the application process, verify eligibility, and distribute funds. The leadership of this initiative was typically handled by an FSA State Committee or equivalent. | |||
==History== | |||
The Apple Market Loss Assistance Program was authorized under Section 10105 of the 2002 Farm Bill (Public Law 107-171), aiming to address the market instability affecting apple producers in the early 2000s. It was established to provide immediate relief to apple growers who had seen significant revenue drops. The program was effective for losses incurred during the marketing years of 2000 and 2001, with payments primarily issued in 2002 and 2003. | |||
==Funding== | |||
The program was funded with $94 million from the Commodity Credit Corporation (CCC), which is a government-owned corporation within the USDA used for implementing farm programs. Funding was specifically allocated for this initiative with no additional funding rounds post-2003, marking the end of the program. | |||
==Implementation== | |||
The initiative was implemented through a straightforward process where apple growers could apply for assistance based on their documented losses. Payments were calculated based on the difference between the grower's actual market return and a reference price for apples, with a cap on the assistance provided per bushel. The program concluded once all eligible payments were issued. | |||
== Funding == | == Funding == | ||
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==See also== | ==See also== | ||
*[[Market loss assistance]] | *[[Market loss assistance]] | ||
==Related== | |||
* [[Farm Service Agency]] | |||
* [[2002 Farm Bill]] | |||
==External links== | |||
* No direct links available as this is a historical program. | |||
==References== | ==References== | ||
<ref>{{Cite web |url=https://www.fsa.usda.gov/Internet/FSA_File/amlap.pdf |title=Apple Market Loss Assistance Program Fact Sheet |access-date=2023-10-15 |website=USDA Farm Service Agency}}</ref> | |||
*{{CRS|article = Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition|url = https://web.archive.org/web/20110810044532/http://ncseonline.org/nle/crsreports/05jun/97-905.pdf|author= Jasper Womach}} | *{{CRS|article = Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition|url = https://web.archive.org/web/20110810044532/http://ncseonline.org/nle/crsreports/05jun/97-905.pdf|author= Jasper Womach}} | ||
[[Category:United States Department of Agriculture programs]] | [[Category:United States Department of Agriculture programs]] | ||
[[Category:Programs]] | |||
[[Category:Programs and initiatives]] | |||
[[Category:United States Department of Agriculture]] | |||