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Apple Market Loss Assistance Program: Difference between revisions
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|ProgramType=Initiative | |ProgramType=Initiative | ||
|OrgSponsor=Farm Service Agency | |OrgSponsor=Farm Service Agency | ||
|TopOrganization= | |TopOrganization=Department of Agriculture | ||
|CreationLegislation=Public Law 107-171, Section 10105 (2002 Farm Bill) | |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. | |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 | |ProgramStart=2002 | ||
|InitialFunding=$94 million mandated by the Commodity Credit Corporation (CCC) | |InitialFunding=$94 million mandated by the Commodity Credit Corporation (CCC) | ||
|Duration=Specific initiatives ended in 2002 and 2003 | |Duration=Specific initiatives ended in 2002 and 2003 | ||
|Historic= | |Historic=Yes | ||
}} | }} | ||
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. | 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. | ||
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[[Category:United States Department of Agriculture programs]] | [[Category:United States Department of Agriculture programs]] | ||
[[Category:Programs and initiatives]] | [[Category:Programs and initiatives]] | ||
[[Category:United States Department of Agriculture]] | [[Category:United States Department of Agriculture]] | ||