National Wool Act of 1954
Encyclopedia
The National Wool Act of 1954 (Title VII of Agricultural Act of 1954
(P.L. 83-690)) provided for a new and permanent price support program for wool and mohair to encourage increased domestic production through incentive payments. Wool and mohair commodity programs were in effect through marketing year
1995, at which time it was terminated under the explicit mandate of P.L. 103-130, Sec. 1.
Agricultural Act of 1954
The Agricultural Act of 1954 is a United States federal law that, among other provisions, authorized a Commodity Credit Corporation reserve for foreign and domestic relief....
(P.L. 83-690)) provided for a new and permanent price support program for wool and mohair to encourage increased domestic production through incentive payments. Wool and mohair commodity programs were in effect through marketing year
Marketing year
Marketing year refers to the 12-month period, generally from the beginning of a new harvest, over which a crop is marketed. For example, for wool, mohair, and Hawaiian sugarcane, the marketing year is January 1-December 31; for honey, it is April 1-March 31; for wheat, barley, and oats, it is June...
1995, at which time it was terminated under the explicit mandate of P.L. 103-130, Sec. 1.