Soil Bank Act
Encyclopedia
The Soil Bank Act — Title I of the Agricultural Act of 1956
(P.L. 84-540) — created the Acreage Reserve Program to retire land producing basic commodities under an annual agreement from 1956 through 1959, and the Conservation Reserve Program
, to retire agricultural land under contracts of 3, 5, or 10 years. The Soil Bank Act was repealed by the Food and Agriculture Act of 1965
(P.L. 89-321, Sec. 601). Nevertheless, this early conservation reserve served as the model for the current Conservation Reserve Program
(CRP), which was enacted in the Food Security Act of 1985
(P.L. 99-198, Sec. 1231-1236).
Agricultural Act of 1956
The Agricultural Act of 1956 created the Soil Bank Program , addressed the disposal of Commodity Credit Corporation inventories of surplus stocks, contained commodity support program provisions, and contained forestry provisions...
(P.L. 84-540) — created the Acreage Reserve Program to retire land producing basic commodities under an annual agreement from 1956 through 1959, and the Conservation Reserve Program
Conservation Reserve Program
The Conservation Reserve Program is a cost-share and rental payment program under the United States Department of Agriculture , and is administered by the USDA Farm Service Agency . Technical assistance for CRP is provided by the USDA Forest Service and the USDA Natural Resources Conservation...
, to retire agricultural land under contracts of 3, 5, or 10 years. The Soil Bank Act was repealed by the Food and Agriculture Act of 1965
Food and Agriculture Act of 1965
The Food and Agricultural Act of 1965 , the first multiyear farm legislation, provided for four year commodity programs for wheat, feed grains, and upland cotton. It was extended for one more year through 1970...
(P.L. 89-321, Sec. 601). Nevertheless, this early conservation reserve served as the model for the current Conservation Reserve Program
Conservation Reserve Program
The Conservation Reserve Program is a cost-share and rental payment program under the United States Department of Agriculture , and is administered by the USDA Farm Service Agency . Technical assistance for CRP is provided by the USDA Forest Service and the USDA Natural Resources Conservation...
(CRP), which was enacted in the Food Security Act of 1985
Food Security Act of 1985
The Food Security Act of 1985 , a 5-year omnibus farm bill, allowed lower commodity price and income supports and established a dairy herd buyout program. This 1985 farm bill made changes in a variety of other USDA programs...
(P.L. 99-198, Sec. 1231-1236).